China Overtakes Japan as World’s Number 2 Economy
China’s economy surpassed Japan’s in the second quarter, taking its place as the world’s number two economy. Is this another milestone on the way to Chinese economic supremacy?This Time It’s Real “China has overtaken Japan in quarterly figures in the past,” notes Hugh Collins at Daily Finance. “This time, it’s unlikely to relinquish the lead.” As an extra bit of trivia, he observes that Japan …
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