Bloomberg (May 22)
2015/ 05/ 22 by jd in Global News
Japan is “still beating China on one score: world’s no.1 creditor.” And by a long shot. In 2014, Japan’s net overseas assets expanded 13% to $3 trillion. “The reading stretches Japan’s lead as No.1 creditor country to 24 years, with 71 percent more in net assets than China, even after its Asian neighbor surpassed it to become the world’s second-largest economy in 2010.”
Tags: China, Creditor, Economy, Japan, Overseas assets
Wall Street Journal (May 21)
2015/ 05/ 22 by jd in Global News
There’s a reason “why so many countries are open to U.S.-led trade pacts, like TPP and its European counterpart, the Transatlantic Trade and Investment Partnership. History shows the U.S. trade agenda, while far from perfect, has nevertheless provided sizable benefits to its partners.”
