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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.”

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