China passed Germany as the world’s top net capital exporter in 2015.
Last year, China reported net capital exports of $293 billion from an international perspective, beating Germany’s $280 billion in exports, according to Ifo.
Even though Germany’s net capital exports rose 8.3% of its annual economic output to hit a record high in 2015, it was the first China topped Germany since May 2010. In 2014, Germany’s net capital exports rose 7.3%.
Contributed By Sonia Narula