China Now World Second Largest Economy, Overtaking Japan
Bloomberg: “China surpassed Japan as the worlds second-largest economy last quarter, capping the nations three- decade rise from Communist isolation to emerging superpower. Japans nominal gross domestic product for the second quarter totaled $1.288 trillion, less than Chinas $1.337 trillion, the Japanese Cabinet Office said today. Japan remained bigger in the first half of 2010, …