Japan Loses World’s Largest Creditor Spot First Time In 34 Years: Who Took The Top Spot?

Japan Loses World’s Largest Creditor Spot First Time In 34 Years: Who Took The Top Spot?

Earlier this month, Japan’s Prime Minister said that its facing a Greece like financial crisis. This week, It lost the 4th spot in the world’s largest economies list to India. Now, for the first time in 34 years, it has lost the title of the world’s largest creditor despite posting a hike in net external assets. Which country took its spot and where does China stand? Pallavi sharma explains

#japan #china #germany #creditor #etnow #etnownews #economy

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