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Why do asian economies have such a high money supply compared to their economies?

Ranking (USD denominated):

1) China, 38.204T USD
2) USA, 21.668T USD
3) Euro Area, 15.274T USD
4) Japan, 8.829T USD
5) UK, 3.664T USD
6) South Korea, 2.816T USD
7) Canada, 1.835T USD
8) Russia, 1.138T USD
9) Switzerland, 1.132T USD
10) India 0.684T USD
(Brazil is around 0.850T and Australia around 1.7T)

Japan had the largest M2 Money supply in the world between 1988 and 2001
Then the US from 2001-2003 (also prior to 1988)
Then the Euro Area from 2004-2011
Then China since 2011

China, Japan and Korea have a higher money supply than the US, EU, UK, Canada and Switzerland combined.

India has a similar GDP to the UK but less than 1/5th of the money supply.