China overtakes Japan as world's second largest economy

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GLOBAL - China has eclipsed Japan as the world's second largest economy after posting GDP figures of $5.8trn for 2010, beating Japan's $5.474trn.

Japan lost its 42-year ranking as the world's second-biggest economy after its economy contracted in the last quarter due to weak consumer spending and a strong yen. Figures from Tokyo show Japa...

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