(MENAFN) China eagerly waits to take the throne as the new number one with net capital exports of USD293 billion from a global perspective, after it surpassed Germany through the previous year.
Accordingly, EU's largest economy will become 2nd with exports of nearly USD280 billion, which means that German capital exports are set to drop below those of China for the 1st time since May-2010.
However, the most populous member state in the EU and the 2nd most popular migration global target will continue to be the greatest lender of new funds on a worldwide basis to the debt-afflicted countries.
'This development was mostly driven by goods outbound shipments, which accounted for a surplus of 262 billion euros, also marking a new record,' announced the Munich-based think tank.
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