Monday, August 16, 2010

China Overtakes Japan as World's Second-Biggest Economy

Without doubt, China is now the second biggest economy, overtaking Japan along its way, recording $1.337 trillion in GDP for the second quarter as compared to Japan’s $1.288 trillion.

According to Goldman Sachs Group Inc. chief economist Jim O’Neill, China is set to overtake current economic world leader U.S. by year 2027.

China Overtakes Japan as World's Second-Biggest Economy [via]

No comments:

Post a Comment

Do provide your constructive comment. I appreciate that.