China overtakes JAPAN in economy

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China economy expanded 11.1% compared to previous year and in in No2 position overtaking Japan...

Reference link:
http://www.livemint.com/2010/07/30163000/China-overtakes-Japan-as-No2.html


Do you think the position will persist. Why this change took place any idea?

20 Replies

Thanks for the link,Rajani. I am not able to connect to the link provided. I would share my views once i get through with the link. :)
I think china will keep up the pace and it will try hard to overrule Japan. :)
nagalakshmi.karunanidhi wrote:
[quote]I think china will keep up the pace and it will try hard to overrule Japan. :)[/quote]


That maybe possible Nagalakshmi if it will maintain good relationship with other developing countries such as India..
As most the goods manufactured in China are well saled here...We encourage them a lot...what do u say?
Rajani, this is an old news . We had already discussed about it in forum. See it is dated on july 30. Anyway thanks for bringing up again!

China has increased its defense spendingr by 17.7 percent.
sports budget has increased by £5.906 billion and more will
increase for 2012 olympics .
thanks for sharing the information rajani....i think china would over take every country...

:woohoo: :woohoo: :woohoo:
sajeetharan wrote:
[quote]Rajani, this is an old news . We had already discussed about it in forum. See it is dated on july 30. Anyway thanks for bringing up again!

China has increased its defense spendingr by 17.7 percent.
sports budget has increased by £5.906 billion and more will
increase for 2012 olympics .[/quote]

Thanks for giving reply Sajee...I am not sharing this as news it is a topic to discuss...Hence i posted it thinking it is crucial one.The link is provided for reference...Anyhow as you said i will leave this.
Japan's economy is in deep recession for quite some time whereas China has been going from strength to overtake that of the USA!
its obvious those who r true to marketing trips & tricks r right ahead.

so even a big economy like USA,RUSSIA HAS To follow rules of bizzness can't corrupt to be 1 :ohmy:
@Sumit

I am not very clear about your views,can you elaborate a bit,please?
Certainly china is overtaking every country, because they are selling cheap goods with good packaging....

And India is their one of the main market. We know the quality is not that good still we buy it....
It's true Indian markets are flooded with cheap Chinese imports and there are several cases of dumping resorted to by the Chinese companies!
Thanks for posting your views..I think that the main source for their economic development compared to Japan...
I think right now an awareness is seen among people not to buy toys and other products manufactured in china.
Even if anyone crosses their economy they still rule at least for me. With the kind of sources they had, problem they faced...Japan is the best.
Yes, Japanese are known for their hard work. I support japan for that reason. :) :)
Well china considers developed nations as its competitor but we still consider slums like pakistan as our competitor
By 2025 China is supposed to overtake USA and become the largest economy of the world!
Another reason i find is China is also like India and ready to offer cheap labour..where as Japan has lot of confidence on their hardwork which is backing them in the run...
Sure!!CHina will not get down from the top position in economy as it has been growing it's economy day by day to be the powerful nation in the world.
definitely china will be going to cross all other top countries' economies too in mere future and one day will be definitely the most powerful nation in the world.

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Created Sunday, 19 September 2010 17:18
Last Updated Tuesday, 30 November -0001 00:00
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