More concerns than cheers

The largest developing nation must make more efforts to boost its low per capita GDP and economic quality

The fact that China is overtaking Japan to become the second largest economy in the world is not a matter of exultation given that the country still has miles to go before it can become a real economic power

Yi Gang, deputy governor of the People's Bank of China, the nation's central bank, noted recently that China has been surpassing Japan as the world's second largest economy.