china economy News
china economy News From AOL News
Now the No. 2 Economy, What's Ahead for China?
Aug 16th 2010 – 1:27PM
Frederic J. Brown, AFP / Getty Images
(Aug. 16) -- The Chinese economy is now larger than Japan's -- a symbolic development that also signals a strategic shift in Asia's power balance. China's gross domestic product is now $1.335 trillion, surpassing Japan's GDP of $1.286 trillion, which isn't adjusted for price and seasonal variations, according to the...
China Overtakes Japan as World's No. 2 Economy
Aug 16th 2010 – 6:39AM
Eugene Hoshiko, AP
TOKYO (Aug. 16) -- Japan lost its place as the world's No. 2 economy to China in the second quarter as receding global growth sapped momentum and stunted a shaky recovery. Gross domestic product grew at an annualized rate of just 0.4 percent, the government said Monday, far below the annualized 4.4 percent expansion in...
Background on china economy
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