China Surpasses Japan as the World’s Second-Largest Economy

Japan’s nominal gross domestic product for the 2Q totaled $1.288 trillion, less than China’s $1.337 trillion, the Japanese Cabinet Office said today. Japan remained bigger in the first half of 2010, the government agency said. Japan’s annual GDP is $5.07 trillion, while China’s is more than $4.9 trillion.- Bloomberg

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