Short-term external debt accounted for more than 4-quarters of foreign capital inflows

Source: Internet
Author: User
Keywords Foreign investment signs
⊙ reporter Li Dandan Foreign exchange Bureau 2nd released data shows, as at the end of the quarter, China's external debt balance of 443.236 billion U.S. dollars, of which, short-term foreign debt (remaining period) balance accounted for 62.31% of the external debt balance, which is China's short-term foreign debt accounted for the fourth consecutive quarterly rise. From the term of the debt, the balance of the medium and long term external debt (remaining period) is 167.034 billion United States dollars, accounting for 37.69% of the external debt balance, the balance of short-term external debt (remaining period) is 276.202 billion United States dollars, accounting for 62.31% of the external debt balance, of which the short-term external debt is registered The balance is USD 109.402 billion and the trade credit balance is 166.8 billion US dollars.  Statistics on external debt balances do not include external liabilities of the HKSAR, the Macao SAR and Taiwan. Previously, the financial crisis, 2008 years of the Four Seasons and 2009 the first quarter of the external debt balance and short-term debt accounted for a decline.  Subsequently, as China's economic stability rebounded, the external debt balance gradually increased, the proportion of short-term foreign debt also increased quarterly. Generally speaking, foreign capital inflow More quarterly, short-term foreign debt accounted for often rise.  Foreign Exchange bureau released the first quarter of the balance of payments data showed that the first quarter of China's balance of payments current account, capital and financial projects presented a "double surplus", the net inflow of capital pressure increased. Dupeng, director of the Regular Project management division of the Foreign Exchange Bureau, since the beginning of this year, the widespread existence of foreign exchange loans in lieu of purchase of sinks, sinks and sinks has had a great impact on the trade of goods and even on the foreign exchange receipts and disbursements of the whole current account, resulting in a greater pressure on net inflow of capital. In addition, the industry believes that some "hot money" inflow also increased capital inflow pressure. In this context, the Board decided at the end of April to moderate the 2010 domestic institutions short-term external debt balance indicators to prevent short-term abnormal cross-border capital inflow risk.  In 2010 (April 1, 2010 to March 31, 2011), the overall scale of domestic institutions ' short-term external debt balances was moderately compressed to $32.4 billion trillion, with an increase of 1.5% on the basis of indicator size in 2009. From the currency structure, as at the end of the first quarter, U.S. dollar debt accounted for 70%, up 2.24% from the end of last year, with Yen debt accounting for 11.04%, down 0.85% from last year, and euro debt accounting for 5.49%, down 0.89% from the end of last year.
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