China's foreign debt surplus of $513.8 billion will not increase external debt risk

(reporter Gaochenwu) State Administration of foreign exchange 9th released the first half of our foreign debt basic situation. As at the end of June 2010, our external debt balance was 513.81 billion US dollars. Among them, the registered external debt balance of 307.21 billion U.S. dollars, trade credit balance of 206.6 billion U.S. dollars.　　China's State administration of foreign exchange said that this is related to the rapid development of foreign trade in recent years and will not increase external debt risk. The external debt balance at the end of June grew by about 70.57 billion dollars from the end of the first quarter. At the end of the first quarter of this year, our foreign debt balance was 443.236 billion US dollars.　　Statistics on external debt balances do not include external liabilities of the HKSAR, the Macao SAR and Taiwan. Zhaoqingming, senior researcher of China Construction Bank, said that the rise in the two-quarter external debt balance was mainly related to the increase in global foreign direct investment (FDI) and the increase in total trade and investment, at the same time with the appreciation of the renminbi against the United States dollar is stronger, there are spreads between China and foreign countries