
In 1968, the one hundredth anniversary of the Meiji Restoration, Japan rose to become the world’s second economic superpower after the United States. However, in 2011, the one hundredth anniversary of the Chinese Revolution, it was confirmed that China had overtaken Japan to become the world’s second economic superpower. It is believed that by 2030, Japan’s economy will drop to fifth place in the world rankings. China, on the other hand, while beset by a variety of domestic problems such as wealth disparity, environmental destruction, and the depletion of natural resources, is set to overtake the United States in 2025 to become the world’s number one economic superpower. China also has the potential to surpass the United States when it comes to national defense spending. The fact that Japanese industry and the Abe Cabinet are committed to fostering “global talent” out of a strong ... ... [Read more]