China's Foreign Debt Rises to $241.21 Billion in Q1 2026, Up 3.6% From Year-End

According to the State Administration of Foreign Exchange deputy director Li Bin, as of March 31, 2026, China's total foreign exchange debt reached $241.21 billion, up $8.33 billion or 3.6% from the end of 2025, primarily driven by active cross-border trade. By currency composition, local currency debt accounted for 55% of the total, unchanged from year-end; medium and long-term debt represented 41%, down 2 percentage points from year-end.
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