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CHINA

Seismic shifts in the Pacific: China overtakes Japan
Seismic shifts in the Pacific: China overtakes Japan

LAUSANNE, SWITZERLAND: It's official. As of the second quarter of this year the Chinese economy has taken over Japan's as number one in Asia and number two in the world. This has been foreseen for a few years, hence it is not a total surprise; but it is a shock nonetheless. It upsets the status quo that prevailed for over a century.

By Dr Jean-Pierre Lehmann 19 Aug 2010 11:51