Tokyo (CNN) -- Japan has slipped to the world's third largest economy, falling behind the blistering speed of China's manufacturing growth, according to Japanese figures released Monday. Japan's cabinet office released its nominal gross domestic product figures for 2010. Japan's economy was valued at US $5.4742 trillion dollars while China was at US $5.8786 trillion. Japan's economy did grow in 2010, but only 3.9%, according to the government. China's is expected to grow more than 10%. At the speed China is growing, Japan's government predicts China will overtake the United States as the world's largest economy in less than 20 years.
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Japan's economy is now third in the world, with China moving into second place
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The United States remains the world's largest economy
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Japan's government predicts China will overtake the U.S. in less than 20 years
Decisive economic policy has been lost in the revolving door of the country's top leader, with @placeholder seeing six prime ministers in just five years.