India will soon overtake Japan's economic output, according to the Organisation for Economic Co-operation and Development.

BBC: Does India have the will to reform its economy?

We believe heavyweight motorcycle sales in China can easily overtake Japan just as luxury automobile sales in China have overtaken Japan.

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In 2012 China will overtake Japan to become the world's largest market for luxury goods , according to the World Luxury Association.

ECONOMIST: 2012 in focus

Many once feared Japan might overtake America.

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The result is that the largest of them, those with the biggest populations, will overtake what the OECD calls fast-ageing economic heavyweights, such as Japan and the eurozone.

BBC: OECD: 'Dramatic shift' in balance of economic power