creditor country

It is no accident either that Hong Kong, not Tokyo, is generally viewed as the leading international financial centre in Asia, even though Japan is the world's biggest creditor country.

同样绝非偶然的是，尽管日本是全球最大的债权国，但通常被视为亚洲头号国际金融中心的却是香港，而不是东京。

This would then impose large losses on creditor country central banks, which national taxpayers would have to make good.

这进而会给债权国央行带来巨额亏损，各国纳税人将不得不弥补这些损失。

An overvalued dollar in the early years of the Reagan administration exacerbated a trade imbalance with an instinctively protectionist Japan, now the world's biggest creditor country.

在里根（Reagan）政府的初期，美元估值过高，这加剧了美国和日本之间的贸易失衡。当时，日本本质上是一个崇尚贸易保护主义的国家，而目前是全球最大的债权国。

But Japan is a creditor country whose savers have complete confidence in the solvency of their government.

但日本是一个债权国，其储户完全相信政府的偿付能力。

Germany, as creditor country, opposes a "transfer union" and insists that fiscal discipline is everything.

作为债权国，德国反对组建“转移支付联盟”（transfer union），并坚持表示，财政纪律至高无上。

For the Chinese the value of their dollar investments is questionable and the leverage of the creditor country cannot be used without doing serious damage to itself.

就中国而言，他们美元投资的价值已存有疑问；此外，这个债权国无法在不对自身造成严重伤害的情况下动用杠杆。

The creditor country, in whose hands power in a crisis lies, is saying "Nein" at least seven times.

这个手握大权、左右危机走向的债权国，至少连说了7次“不”。