The conversion of foreign debt into capital is called debt-for-equity swap or capital increase in foreign exchange management. Of course, the amount of foreign debt will change because the registered capital has increased, and the investment capital is calculated based on a certain proportion of the registered capital. This difference can be made up with foreign debt. Therefore, after the foreign debt is converted into capital, it can continue to borrow foreign debt. However, the foreign debt limit needs to be calculated by the foreign exchange bureau by deducting your medium and long-term foreign debt limit, short-term foreign debt balance and guarantee amount.