Monday, April 03, 2017

Questions And Worries Persist In China

China's external debt expected to grow, risks controllable

BEIJING - China's external debt will steadily increase in 2017, but associated risks are controllable, the country's foreign exchange regulator said Friday. Outstanding external debt totaled $1.42 trillion at the end of 2016, up 2.7 percent year on year, according to a statement from the State Administration of Foreign Exchange (SAFE). The debt has grown for…