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It's not. In dollar figures it is the second (the US is first) but China is growing rapidly. Rate of growth of China's economy is faster than either the US or Japan. Japan's rate of growth, I believe, is a little better than the US but not nearly as fast as it was in the 80s. Japan is suffering from slow growth, low birth-rate, and a strong yen which makes exports more expensive.
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∙ 13y ago
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