China on top of japan as second largest economy

Its official now. After three decades of successive growth rates, China has finally overtaken Japan as the second largest economy after United States. according to government agency report released on Monday. The whole world had been anticipating about China's rise and now will have to reckon it as a new economic superpower.


The recognition came briefly after Japan's admittance that its economy grew 0.4 percent in the second quarter lower than forecast. This confirms that for the whole year China will go past Japan. This means that China has passed over Japan, Germany , France and Great Britain. What to follow next May be China will go past USA in another 15-20 years.

According to experts, India is closely behind China and may be it will be battle between the two super economic powers China and India. Worth watching …..........