Kuwait Journal $ 1.84 trillion of China's external debt by the end of March



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China's industrial production slowed in June due to escalating trade tension

The Chinese bond market became more open to foreign investors, while debt securities on total foreign debt rose from 8% of the total in 2014 to 21% of the total at the end of March.

China's unreturned external debt continued to grow in the first quarter of this year, in a context of stable economic growth and increased openness of China, according to the Xinhua News Agency .

At $ 1.84 billion at the end of March, up 7.8% Percentage compared to the end of last year. The growth of external debt, mainly due to the increase in currencies, deposits and bonds.

Foreign Debt Growth Reflects Stable Economic Development and Increased Openness in China, while GDP Increased 6.8% in the First Quarter

The Chinese Bond Market Became More Open to Foreign Investors, while debt securities on total external debt rose from 8% of the total in 2014 to 21% of the total. At the end of March this year.

On the other hand, official data show that growth in industrial production in China slowed in June after a better than expected performance in May, according to official data. The figures of the official index of purchasing managers fell to 51.5 in June, under analysts' expectations of 51.6 and 51.9 in May. But it remains above the 50-point threshold between growth and contraction for the 23rd consecutive month.

The new index of export orders contracted significantly in June to settle at 49.8 against 51.2 in May. The production sub-index rose to 53.6 in June from 54.1 in May, while a new orders sub-index rose from 53.8 to 53.2 in 53.22.

The PMI index of large companies rose from 53.1 in May to 52.9 in June. . A survey showed that China's service sector growth accelerated slightly in June when the official non-manufacturing PMI index rose from 54.9 to 55.0 in June.

The sub-index of construction activity, which was a growth driver last year, was 60.7 in June against 60.1 in May

The composite PMI, which covers manufacturing and tertiary activity, fell to 54.4 in June from 54.6 in May. 19659016] [ad_2]
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