Posts Tagged ‘Japan’

Terrifying tsunami video

March 13, 2011 Leave a comment

Stunningly horrible video:

Categories: World News Tags: ,

China knocking on the door

August 16, 2010 Leave a comment

China is now the second largest economy in the world, passing Japan:

…[U]nseating Japan — and in recent years passing Germany, France and Great Britain — underscores China’s growing clout and bolsters forecasts that China will pass the United States as the world’s biggest economy as early as 2030. America’s gross domestic product was about $14 trillion in 2009.

“This has enormous significance,” said Nicholas R. Lardy, an economist at the Peterson Institute for International Economics. “It reconfirms what’s been happening for the better part of a decade: China has been eclipsing Japan economically. For everyone in China’s region, they’re now the biggest trading partner rather than the U.S. or Japan.”