Wednesday, February 11, 2015
Rationally Look Upon India Surpassing China's Economic Growth Rate
ANBOUND
According to Indian Central Statistics Office, this financial year, Indian GDP will grow by 7.4%, which means it will catch up with China's growth rate of 7.4% in 2014. In the opinion of ANBOUND research team, if Chinese economic growth rate continues to fall and Indian economic growth rate continues to rise, India will surpass China in this aspect sooner or later. China should look upon this issue rationally. Currently, the economies of the two countries aren’t comparable. They have different human resources, aging problems and industrial structures. But for international capital, the leading economic growth rate of India shows investment opportunities. Thus, more international capital will favor India in the future.