External Debt in China

China External Debt | Economic News & Forecasts

China - External Debt

The economic recovery continues to gain traction, despite a challenging external environment, mostly due to solid dynamics at home. Retail sales returned to growth in August as consumers gradually came back and cross-provincial travel increased. Investment activity improved in the same month, reflecting gains in both traditional and new infrastructure projects. The new infrastructure initiative, which was rubberstamped during May’s National People’s Congress, seeks to upgrade China’s industries and accelerate digital transformation. Industrial production growth also picked up in August, led by gains in advanced technologies. Although the external sector continued to fare well in August, risks are looming on the horizon as some of China’s main trading partners are suffering heavily from the consequences of the pandemic.

China - External Debt Data

2015   2016   2017   2018   2019  
External Debt (% of GDP)12.7  12.6  14.3  14.3  14.4  

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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

Value Change Date
Bond Yield3.17-0.40 %Dec 31
Exchange Rate6.96-0.19 %Jan 01

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