Foreign debt up 2.5%; risks 'under control'

The nation's total foreign debt rose 2.5 percent last year to $895.5 billion as of Dec 31, the State Administration of Foreign Exchange said on Tuesday.

Foreign debt increased 17.12 percent in 2013 and 6.04 percent in 2012, according to official data.

Short-term debt, which edged up 0.4 percent in 2014 to $621.1 billion, was equivalent to 17.8 percent of foreign exchange reserves, it said.