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Off the Chinese Press
摘    要:Repayment Ability StrongAccording to the State Administration ofForeign Exchange, China's foreign debts addedup to US $147.63 billion at the end of June.This figure represents a decrease of US $4.2billion, or 2.8 percent, from that of last year.The reduction is mainly attributable to thefluctuation of exchange rates in the international market. For example, the depreciation of theeuro and the Japanese yen has directly reducedChina's debts in these currencies whenexchanged for US dollars…

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