Five years can change a lot as the Japanese economy has recently found out. Just half a decade ago, China’s gross domestic product was around $2.3 trillion, about half of Japan’s.
This week China’s economy officially overtook Japan’s to be the second largest in the world behind the United States. This interchange is attributed to…
Topic: China
Booming Chinese economy passes Japan’s as world’s second largest
World Wide Web: Cold War II?
After two decades of global supremacy, the United States’ role as the world’s only superpower is about to be challenged. China – with a nuclear arsenal, the world’s largest standing army and the second largest economy – has the potential to create the same type of bipolar power structure that existed between the Soviet Union…


