IMF cuts China’s growth forecast more than India’s
“India’s growth is expected to increase to 7.3% in 2018 and 7.4% in 2019,, up from 6.7% in 2017,” the IMF said in its update to WEO.
China is projected to grow 6.6% in 2018 and slow to 6.2% in 2019 and this is largely been attributed to the impact of the latest round of US tariffs on Chinese imports. The moderation in China’s growth will help India retain the fastest growing major economy tag at least for the next two years.
No need to worry as long as Modi is there.
Instead of Dancing... We have to understand that China is already developed while India is delevoping.. Developing countires growth rate alwas high in compare to developed
It is hardcore true that only modi is the best person to represent oyr country...
But congi CHAMCHA never accept that.
India needs to look at double digit growth.
6.2% of $10 Tn is bigger than 7.4% of $2 Tn.