| 1 | In this case, East Asia has been less affected because most countries there are net creditors. | |
| 2 | As the largest foreign holder of US Treasurys, China has a heft in bond markets that no other creditor can claim. | |
| 3 | While China has been Venezuela's largest creditor in recent years, Russia has been a major arms supplier to the South American nation. | |
| 4 | Deteriorating trade relations between the world's number one debtor and its number one creditor are enough to keep any banker awake at night. | |
| 5 | The most obvious one is that Japan began its Lost Decade as the world' s largest creditor nation, and it still is. |
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