Post

Growth Slows in China, Rises in India

Growth Slows in China, Rises in India

According to London, U.K.-based Capital Economics, an independent economic research company, China’s period of par excellence performance might be ending soon. In its ‘Long-Term Global Economic Outlook‘ the firm says that China’s policies of high investment and rapid debt accumulation, make it vulnerable to a sharp deceleration. China’s export-driven growth and working-age population are both declining.

Capital Economics says that India, which will be “the world’s most populous country in the near future,  has great potential for fast catch-up growth,” and forecasts 5-7 percent annual growth till 2040. “This is at least conceivable. India’s savings rates and entrepreneurial capacity are high enough to deliver such a rate. It will need much policy reform. But India’s politics are increasingly focused on economic performance. This does not guarantee success. But it does make it more likely.”

chart depicting growth

Share

About Amritt

Who We Are

Small or big, your business will love our financial help and business consultations! We are happy when our clients are too… Actually, this is quite simple to achieve – because each time we help them in sorting out different accounting intricacies or save the day before filing the taxes, they are happy indeed! And so are we.   

We have over Twenty years of experience helping our clients succeed in India

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Blog
Page
Dictionary
Comparisons
Capabilities
India Business Guide
Services
Private
Speaking
Insights
White Papers
News
Newsletters
Clients
Case Studies
Companies In India
Webinars
Presentations
Industries