Markets Print edition: 2017-12-29

China's foreign debt rises

Published December 29, 2017 Updated December 29, 2017 12:00am

China's outstanding foreign debt rose 7.5 percent in the third quarter to $1.68 trillion, the foreign exchange regulator said on Thursday, slowing from a 8.7 percent rise in the second quarter. The rise in foreign debt was mainly driven by debt securities, as more foreign institutions entered China's debt market, and also by trade credit and pre-payments.