China's economy passes Japan's

By Zhang Yunxing
0 CommentsPrint E-mail, August 16, 2010
Adjust font size:

After three decades of spectacular growth, China overtook Japan in the second quarter to become the world's second-largest economy behind the United States, the New York Times reported Monday.

The news came early Monday, when Tokyo said that Japan's economy was valued at about US$1.28 trillion in the second quarter, slightly below China's US$1.33 trillion. Japan's economy grew 0.4 percent in the quarter, Tokyo said, substantially less than forecast. That weakness suggests that China's economy will race past Japan's over the full year.

Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from