Tag: Chinese economy
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Will India ever overtake China?
Yes, says Goldman Sachs. And as early as 2016, by which time India’s economy is estimated to grow faster than China’s. According to the American investment bank, India’s gross domestic product (GDP) in 2016 will grow at the rate of 6.8 per cent, while China’s will be 6.7 per cent. If it indeed happens, it…