Data and Financial Journalist
In Japan, the only Asian economy in G7, core inflation rose at its fastest annual pace in over two years, climbing to 3.5% in April, according to data released Friday. I mapped the inflation (with some caveats) to look at the overall inflation trend in G7 economies.
Foreign investors held $8.8 trillion in U.S. Treasuries as of February 2025—a 10.2% increase from a year earlier, according to the recent U.S. Treasury data. Japan, China, and the U.K. remain the top holders of U.S. debt. Two charts show the major foreign holders as the national debt hits $36.1 trillion.
President Trump’s new tariffs hit Asian exporters the hardest. With a 90-day pause in place, countries like Vietnam and Cambodia seek trade solutions amid rising U.S. trade deficits.
The changing relations of China and Russia are also not based purely through partnerships but also through their support in each another’s projects. Russia has been supporting China’s ambitious infrastructural projects like the Silk Road project and the Eurasian integration project, which connects China with Europe via Russia.