Outside View: Japan and China

Outside View: Japan and China
Tokyo (UPI) Aug 6, 2010 - The United States is far from alone in being beholden to Chinese taxpayers to shoulder its debts. Japan's Ministry of Finance reported last month that Beijing bought a record amount of Japanese government bonds in May and that rate is expected to increase steadily in coming months. With Japan holding the unenviable title of having the biggest debt-to-gross-domestic-product ratio ... more

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