China closer to becoming second-largest economy

This article is about economic of China, a senior Beijing official's refer to China as "World second-largest economy" because in this year China rapid recent growth of economy. Rapid of economy growth as giant domestic product and expansion of the economic base. However, Now Japan is still second-largest economy because the base in 2009 said that "Japan's gross domestic product was worth about $5,080 billion, while Chinese GDP was initially reported to be not far behind at about $4,900 billion." The worth is very close so it will be true that China will become a second-largest economy in the world. Moreover, China have more people, more space for invest, export many materials and a bountiful country. So it will become an Asia new power house soon.

More details

"Mr Yi is stating the obvious; if China has not already overtaken Japan at this moment in time then it will very soon,"

"At some point this year China's economy will overtake Japan's as world's second-largest economy in nominal dollar terms"

Link

http://edition.cnn.com/2010/BUSINESS/07/31/china.economy.growth.ft/index.html?iref=allsearch#fbid=uKVreGaRTrQ