External Debt in China

China External Debt | Economic News & Forecasts

China - External Debt

Although the bulk of the regular economic information for January and February will be released in March, available data for this year suggests that the Chinese economy has continued to cool. The manufacturing PMI improved marginally in January although still hovered in negative territory, while export growth surpassed expectations in the same month. That said, analysts warn that January’s surge mostly reflect distortions related to the Lunar New Year (LNY) holidays. The Ministry of Commerce revealed on 10 February that growth in consumer spending moderated over the LNY festivity, signaling that household spending will be sluggish in Q1. In an attempt to revive consumers’ mood, on 29 January, the government announced subsidies on purchases of cars and appliances. Meanwhile, trade talks between China and the U.S. intensified in recent weeks as the 2 March deadline looms.

China - External Debt Data

2013  2014  2015  2016  2017  
External Debt (% of GDP)8.9  17.0  12.7  12.7  14.0  

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China External Debt Chart

China External Debt
Note: External debt as % of GDP.
Source: State Administration of Foreign Exchange.

China Facts

Bond Yield3.17-0.40 %Mar 11
Exchange Rate6.73-0.19 %Mar 11
Stock Market3,027-0.34 %Mar 11

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