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China Passes Japan to become World’s 2nd Largest Economy

With the latest figures placing China’s economy at $5.8 trillion, China has officially passed Japan to become the second largest economy in the world. Some experts are even suggesting that China will surpass the U.S. to take the top spot within ten years.

“It’s realistic to say that within 10 years China will be roughly the same size as the US economy,” said Tom Miller of GK Dragonomics, a Beijing-based economic consultancy.

Source: BBC News [1]

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Scott Boyd

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