Data out earlier from SAFE while Carney was speaking 29 Sept

  • short-term foreign debt $1.008trln end-June vs $916.4bln end-March

Says SAFE:

  • foreign debt expected to achieve steady growth in future
  • China will fend off foreign debt-related risks
  • SAFE and PBOC will work to improve macro-prudential management

Yada yada yada

" Safe? As long as our bamboo rations are safe I couldn't give a shoot"