China's end-Sept foreign debt rises to $697.2 bn

BEIJING - China's foreign debt rose to $697.2 (S$899 billion) billion at the end of September from the $642.5 billion (S$828.8 billion) three months earlier, China's State Administration of Foreign Exchange (SAFE) said on Tuesday.

Short-term foreign debt - a gauge of hot money inflow - was valued at $507.6 billion (S$654.8 billion) at the end of September 2011, up from $462 billion (S$595.98 billion) at the end of June, SAFE said in a statement on its website (www.safe.gov.cn).