The 9th Soul

China steals number 2 spot from Japan. USA will have to pick up the pace.

Posted in Random by Fated Blue on August 17, 2010

SOURCE

After three decades of spectacular growth, China passed Japan in the second quarter to become the world’s second-largest economy behind the United States, according to government figures released early Monday.

The milestone, though anticipated for some time, is the most striking evidence yet that China’s ascendance is for real and that the rest of the world will have to reckon with a new economic superpower.

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