Japan reports holding a net $3.19T in foreign assets at the end of 2011, hanging on to its...

|By:, SA News Editor

Japan reports holding a net $3.19T in foreign assets at the end of 2011, hanging on to its position as the world's top creditor nation. The position marks a rise from 2010, which may also dampen expectations on China overtaking the Japanese as the number one creditor anytime soon.