search query: @author Wei, Yihua / total: 3
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| Author: | Wei, Yihua |
| Title: | Analysis and forecast of China's foreign debt situation (original in Chinese) |
| Journal: | Forecasting (c)
1996 : 4, p.26-29 |
| Index terms: | FOREIGN DEBTS CHINA |
| Language: | chi |
| Abstract: | The scale of China's foreign debt has extended further but its growth rate fallen by a large margin. The proportion of short-, medium- and long-term foreign debt has optimized continuously. By the end of 1995, the proportion of short- term foreign debt fell to 11.2%. The proportion of commercial credits had fallen year by year while that of official preferential credits had risen to some extent. The formation of the varieties of currency tended to be rational and the risk of exchange rates decreased. China's ability of repayment had enhanced further because of keeping the moderate scale of foreign debt. In 1995, the annual debt service rate was 7.3%, the debt rate was 69.9%. Foreign exchange reserve was USD 80.83 billion. |
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