It looks like China has finally overtaken Japan as the world’s second largest economy. I don’t think too many people or even companies think, “I think I want to be the world’s largest economy”.
However, it is amazing that the little island nation of Japan went from a burned out defeated nation in 1945 to the world’s second largest economy for years.
Well, 65 years later they have to give up the crown to China. We’ll see how things go there. Well done Japan!
http://www.reuters.com/article/idUSTOE66T07N20100730
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