Japan tops the charts as the world's biggest creditor
Edited By WION Video Desk
Published: May 28, 2024, 05:35 IST | Updated: May 28, 2024, 05:35 IST
Japan's net external assets reached a record high of 3 trillion dollars in 2023. This marks the sixth consecutive year of increase, driven by a weak Yen and significant overseas corporate acquisitions. As a result, Japan retains its position as the world's largest creditor, outpacing Germany & China.
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