China surpassed Japan, becoming the second economy in the world

According to the National Bureau of Statistics of China, the country's economy in 2010 grew by 10,3%. "These figures show ftom that China has become the second largest economy in the world and has replaced Japan with this place, which it occupied since 1968" - quoted by ITAR-TASS Japanese minister for economic and fiscal policy Kaoru Yosano. The minister said China's achievements in economic sphere "commendable." Nominal GDP of China in 2010 amounted to about 6 trillion. dollars. In Japan, this indicator is likely to reach 5.5 trillion. dollars. Nominal GDP of China in 2010 amounted to about $ 6 trillion. In Japan, this indicator is likely to reach 5.5 trillion. U.S. However, if we talk about percentage of GDP per capita, Japan is ahead of China in about ten times. Kaoru Yosano also said that rapid economic growth in neighboring Asian country brings certain benefits, and the Japanese economy. Meanwhile the leading world economies remain the U.S., whose GDP, according to preliminary estimates of Management and Budget White House last year amounted to 14.6 trillion. dollars.