China SAFE: Foreign debt expected to achieve steady growth in future

China’s fx regulator, the State Administration of Foreign Exchange (SAFE) published the latest data on foreign debt.

Key Details:

Short-term foreign debt $1.008trln end-June vs $916.4bln end-March

Foreign debt expected to achieve steady growth in future

China will fend off foreign debt-related risks

SAFE and PBOC will work to improve macro-prudential management