China to overtake Japan as 2nd-largest contributor to U.N.

China is expected to surpass Japan as the second-largest contributor to the general United Nations budget starting in 2019, according to the latest U.N. report on contributions.According to a U.N. General Assembly report of the committee on contributions, China is expected to overtake Japan with its estimated contribution rising to 12.01 percent while Japan's falls to 8.56 percent for the 2019-2021 period.The shift in power could fuel fears that Tokyo's aspiration to become a new permanent member of a revamped U.N. Security Council may fall out of reach.For the 2016-2018 period, the scale o…READ FULL ARTICLE