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WRT to Japan holding US debt, I'm not sure that's correct.

http://www.treasury.gov/resource-center/data-chart-center/ti...




I can't find any statistics -- my impression was that the US capital account surplus with Japan was more diversified than that with China (though Japan would still hold a substantial chunk in US treasuries.)

As I can't find any stats to back that up, I guess I'll leave it as my possibly untrue impression...




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