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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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BeauJapan is not currently the strongest economy in the world. While it was one of the fastest-growing economies in the 20th century, its growth has slowed down in recent years due to factors like an aging population, high debt levels, and slow progress in structural reforms. Today, countries like the United States, China, and the European Union have larger economies.
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What country enjoys the world's largest economy?
The United States has the world's largest economy based on nominal GDP.
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