A Global Money Machine

Blessed with a giant trade surplus, Japan is becoming the biggest investor

Japan has long been renowned for its procession of bestselling products: cars and cameras, radios and record players, steel and semiconductors. In the future it will also be an important source of a more basic commodity: money. As Japan's trade surplus mushrooms, the country is raking in much more money than it spends at home. As a result, the Japanese are sending the funds back overseas by making loans, buying foreign stocks and bonds, and building factories in countries around the globe. Once merely a master manufacturer, Japan is on the way to becoming the world's premier investor and creditor. Its...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!