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Report: Japan to overtake China in buying U.S. debt

Report: Japan to overtake China in buying U.S. debt

May 7, 2012 No Comments

Japan suffered more than any nation had a right to bear last year, when a 9.0 earthquake struck off the coast of Japan last March and sent a tsunami crashing into the Fukushima Daiichi nuclear power plant. There were fears that Japan would have a difficult time recovering in its place in the global economy. Never fear: Japan will soon overtake Chine in buying off U.S.-held debt.

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