China Replaces Japan As Second Largest Economy In World
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China Replaces Japan As Second Largest Economy In World
China has overtaken Japan as the world's second-biggest economy.
Japan's economy was worth $5.474 trillion (£3.414 trillion) at the end of 2010, figures from Tokyo have shown. China's economy was closer to $5.8 trillion in the same period.
Japan has been hit by a drop in exports and consumer demand, while China has enjoyed a manufacturing boom.
http://www.bbc.co.uk/news/business-12427321
Japan's economy was worth $5.474 trillion (£3.414 trillion) at the end of 2010, figures from Tokyo have shown. China's economy was closer to $5.8 trillion in the same period.
Japan has been hit by a drop in exports and consumer demand, while China has enjoyed a manufacturing boom.
http://www.bbc.co.uk/news/business-12427321
Janey- Posts : 1700
Join date : 2011-02-06
Re: China Replaces Japan As Second Largest Economy In World
Yes and they only passed Germany about 1.5 year ago.
Some thing to watch.
Some thing to watch.
Paddy- Posts : 256
Join date : 2011-02-06
Re: China Replaces Japan As Second Largest Economy In World
Paddy wrote:Yes and they only passed Germany about 1.5 year ago.
Some thing to watch.
I think the US are a tad worried
Strawberry- Posts : 1757
Join date : 2011-02-07
Location : England
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