Business Brief (May 27): China Surpasses Japan as World’s Second-Largest Creditor

Published: May. 27, 2026 7:00 p.m. GMT+8

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China surpasses Japan

Japan’s net foreign assets rose 4.4% year-on-year to a record 561.75 trillion yen (3.5 trillion) by the end of last year, according to the country’s Ministry of Finance. Despite the increase, Japan was overtaken by China, slipping to become the world’s third-largest creditor.

Shenzhen population growth leads nation

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China overtook Japan as world's second-largest creditor; Japan's net foreign assets hit record 561.75 trillion yen.
Shenzhen's population grew 259,000 to 18.25 million, leading China; top growth cities are in Greater Bay Area.
China holds over 80% of global humanoid robot market; Alibaba Cloud launched Qwen Cloud overseas.

AI generated, for reference only

Who’s Who

Alibaba Cloud: According to the article, Alibaba Cloud launched Qwen Cloud for overseas markets. This expansion aims to provide cloud services internationally, leveraging Alibaba Cloud's expertise in AI and computing.

AI generated, for reference only