NYTimes | For years, Japan has been readying itself for the day that it is eclipsed economically by China. But as a result of the global slowdown, Japan’s difficulty in managing its economy and China’s rise — on vivid display Thursday as Beijing celebrated the 60th anniversary of the founding of the People’s Republic — that day may come sooner than anyone predicted.
Though recent wild currency swings could delay the reckoning, many economists expect Japan to cede its rank asSource: subrealism RSS Feed
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