BERLIN (Reuters) - Germany on Wednesday defended its wide current account surplus from criticism that it contributes to imbalances in the global economy, saying the government was trying to reverse the trend by promoting higher wages and stronger consumption.
Economy Minister Brigitte Zypries said oil prices and Germany's ageing population of savers limit the government's ability to narrow the current account surplus, which was the largest in the world last year.
(Reporting by Gernot Heller; Writing by Joseph Nasr; Editing by Paul Carrel)
WORLD CO., LTD. is a Japan-based holding company. The Company operates in four businesses through subsidiaries. The brand business is engaged in operating stores which sells ladies, gentlemen and children's apparel and fashion accessories. The investment business aims to optimize the entire business portfolio of the group by directly investing and selling off from the group directly and using the fund indirectly. The digital business proposes and executes digital solutions such as EC mall business specialized in fashion, other company's EC business, business consignment of information and logistics system. The platform business provides support for space creation through production and procurement of clothing items and clothing accessories, trade and furniture manufacturing and sales.
WORLD CO., LTD. 
