Page last updated at 16:43 GMT, Wednesday, 18 August 2010 17:43 UK

Move over Japan - make way for China


Economic growth in Japan weakened significantly in the last financial quarter, official figures show.

Between April and June this year gross domestic product - the sum of the nation's goods and services - grew by 0.1%, much lower than expected.

This contrasts sharply with China. World Bank figures show that in the first eight years of this century its economy grew by 261%, compared with just 5% growth in Japan.

Komla Dumor spoke to Martin Jacques, author of the book 'When China Rules the World: the Rise of the Middle Kingdom and the End of the Western World.'

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