Page last updated at 14:51 GMT, Thursday, 26 August 2010 15:51 UK

China ascendant - what now for Japan?

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Japan looks to have lost its place as the world's second largest economy to China in the second quarter of 2010. China has surpassed Japan in quarterly GDP figures before, but with its extraordinary growth, this time it is unlikely to relinquish the lead.

So what does this mean psychologically for Japan, a country that was known as the world's economic miracle 20 years ago? Tim Willcox spoke to The Times newspaper's Tokyo correspondent Leo Lewis, and to the BBC's China Editor Shirong Chen.

Impact Asia with Mishal Husain is broadcast weekdays at 1300, 1330 and 1400 GMT on the BBC World News channel. Find out more information about regional broadcast times here.

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