Of the total debt, USD 403.31 billion are international commercial loans and USD 59.14 billion are loans extended by foreign governments and international financial organisations, the State Administration of Foreign Exchange said.
Also USD 309.5 billion debts stemmed from trade loans between companies, reported state-run Xinhua news agency quoting the data.
The majority, or 80.79 per cent of the nation's foreign debt was denominated in the US dollar, followed by the euro, which accounted for 5.96 per cent in China's foreign debt structure, and the Japanese yen, which accounted for 5.53 percent, the data showed.
China currently has about USD 3.30 trillion foreign exchange reserves.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
