External Debt of China: Current State and Prospects

Occupation: Associate Professor at the Department of World Economy and World Finance
Affiliation: Financial University under the Government of the Russian Federation
Address: Russian Federation, Moscow

Journal name

Problemy Dalnego Vostoka

Edition

Issue 3

Pages

80-93

Abstract

The paper focuses on analysis of dynamics, trends and specifics of the modern composition of external debt of China based on studying statistics compiled by the international financial institutions. On the basis of comparative analysis, the place of China in the structure of global external debt has been determined. After examination of the basic indicators of external debt sustainability the author makes a conclusion that at present China is in the area of a relatively low level of external debt risk, however rapidly growing short-term corporate external debt can create serious refinancing problems in the future.

Keywords

global external debt; external debt of China; public debt of China; corporate external debt; indicators of external debt sustainability

Received

16.07.2020

Publication date

20.07.2020

Number of characters

32451

Cite

GOST	Balyuk I. External Debt of China: Current State and Prospects // Problemy Dalnego Vostoka – 2020. – Issue 3 C. 80-93 [Electronic resource]. URL: https://pdv.jes.su/S013128120010554-0-1 (circulation date: 19.04.2024). DOI: 10.31857/S013128120010554-0
MLA	Balyuk, Igor "External Debt of China: Current State and Prospects." Problemy Dalnego Vostoka 3 (2020):80-93. DOI: 10.31857/S013128120010554-0
APA	Balyuk I. (2020). External Debt of China: Current State and Prospects. Problemy Dalnego Vostoka (3), pp.80-93 DOI: 10.31857/S013128120010554-0

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