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| China's outstanding foreign loans stand at nearly 298 bln USD by June |
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| www.chinaview.cn
2006-10-02 09:07:28
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BEIJING, Oct. 2 (Xinhua) -- China's outstanding foreign loans had reached
297.944 billion U.S. dollars by the end of June, up 6.01 percent or 16.899
billion U.S. dollars over the end of last year, according to a press release of
the State Administration of Foreign Exchange.
Outstanding short-term loans that should be serviced within a year were valued
at 166.294 billion U.S. dollars, representing an increase of 10.151 billion
U.S. dollars, or 6.50 percent, over the end of last year.
Outstanding loans for long and medium terms in contrast stood at 131.650
billion U.S. dollars, up 5.40 percent for an increase of 6.748 billion U.S.
dollars over the end of 2005.
Between January and June, China borrowed 9.877 billion U.S. dollars in
registered loans of long and medium terms, up 6.35 percent or 590 million U.S.
dollars over the same period last year.
Meanwhile, China paid back 8.352 billion U.S dollars in principal, up 44.32
percent year-on-year, and 1.118 billion U.S. dollars in accrual interest, up
7.81 percent year-on-year for an increase of 81 million dollars. Enditem
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