China is officially the world's second largest economy, behind the U.S., after Japan confirmed Monday that the nominal value of gross domestic product (GDP) was last year, lower than China, 5.47 billion compared with $ six billion announced by Beijing on 20 January when it unveiled an increase of more than 10%. Japan ranked second in the ranking since 1968.
However, the two Asian powers are far apart on the distribution of income per capita. In Japan as one of the world's richest countries, this indicator is ten times higher than China ($ 42,431 versus $ 4,412).
"We are not fighting to be first but to improve the welfare of the population. From this point of view, we welcome China's rise as a neighboring country," he assured Monday the Economic Policy Minister Kaoru Yosano. The Executive Japan has major concerns such as coping with a public debt in 2010 doubled its GDP (more than eleven billion dollars) and the rapid aging of the population, with its consequent impact on social security accounts.
No comments:
Post a Comment