William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."
Opinion
America's Asian bankers grapple with a dollar Trump left for dead
Japan and China each hold more than $1tn in US Treasuries
Joe Biden must accelerate efforts to protect the AAA credit ratings that the last White House put in such peril. © Getty Images
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