Iraq Sun
IraqSun.com Sunday 5th February 2012 Issue 36/10
Follow us on Follow us on TwitterFollow us on facebook
  • More General Editorials

  • Willow Smith shaves her head completely bald
  • Raj Kanwar bid final farewell
  • Katy Perry's ex says he'll always be there for her
  • Hollywood biggies shelled out for Obama's campaign
    Get General Editorials headlines emailed to you daily.

    China catching up to Japan as second largest economy
    Iraq Sun
    Sunday 1st August, 2010  


    China will soon become the world's second-largest economy.

    Changing the balance in the Asian area, China is set to overtake Japan to surge to second place after the US in total economic output.

    It will be the first time since the 18th century, that China has served as Asia's military, technological and cultural power.

    China has become the biggest exporter, auto buyer and steel producer in the region, with its worldwide influence growing.

    While Japan's people are among the world's richest, with a per capita income of $37,800 last year, China's rise has produced glaring gaps between the poor and wealthy.

    China has dozens of billionaires in among some of the most needy people in the world.

    In China, the per capita income is $3,600.


      Email this story to a friend

    Have your say on this story

    Your nickname (required)
    Message