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China poised to overtake Japan in world power, economists say
China moves toward second in global economic output, surpassing Japan in total GDP as its exports auto sector and consumer market grow. Analysts note vast wealth gaps and rising military spend while the U.S. remains the leader. Japan faces two decades of slump and slower growth.
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Beijing
China
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U.S
Middle Kingdom
Asia
Detroit
World Bank
International Monetary Fund
Rob Subbaraman
Nomura Securities
California
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Angola
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Toyota
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Malaysia