China’s Outstanding External Debt at USD 2.45 Trillion at End of 2023

Beijing, China’s outstanding external debt stood at USD 2.45 trillion at the end of 2023, data from China’s forex regulator showed.

Outstanding external debt in terms of the Chinese yuan accounted for 47 percent of the total, according to the State Administration of Foreign Exchange.

In terms of maturity structure, the proportion of medium- and long-term debt was 44 percent at the end of 2023, the data revealed.

Major indicators of the country’s foreign debt, such as the liability ratio, debt ratio and debt servicing ratio, were within internationally recognized safe ranges, the administration said.

Source: Qatar News Agency