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China’s economy set to top Japan’s

China is expected to surpass Japan this year as the world’s second largest economy, an unprecedented position for a still-developing country and one that has brought strains as well as triumphs.

Second-quarter GDP figures from Japan reported on Monday show that its economic output, at USD1.288 trillion, fell short of the USD1.339 trillion China reported for the three months ended in June.

That suggests that China is likely to pass Japan once and for all this year.