After being wrong for over a decade there are renewed predictions - TopicsExpress

After being wrong for over a decade there are renewed predictions that Indias GDP growth will pass China Indias GDP growth is expected to rebound with improved prospects for reforms, real gross domestic product (GDP) growth should increase from 4.7% in 2013-14 to around 6% in 2014-15 and 7% in 2015-16. China is GDP Growth is expected to fall to around 7.3% this year and 7% next year. While a housing crunch could precipitate market turbulence and a sharper slowdown, a combination of a mini-stimulus and firmer external demand should help achieve a soft landing in China. In the medium term, policymakers are seeking a new normal annual growth path of 6-7%. nextbigfuture/2014/06/after-being-wrong-for-over-decade-there.html

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