Monday, February 14, 2011

China Up, Japan Lower

Rising China Bests a Shrinking Japan

China passed Japan in 2010 to become the world's second-largest economy after the U.S., a historic shift that has drawn mixed emotions in the two Asian powers: resignation tinged with soul-searching in long-stagnant Japan, pride but also caution in an ascendant China wary of shouldering new global responsibilities.


WSJ Article

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