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India and China: two radically different growth stories
Add BT as a preferred sourcePublished Wed, Apr 15, 2015 · 09:50 PM
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IN terms of their GDP growth, India and China are sometimes viewed as being engaged in some sort of contest.
On Tuesday, the International Monetary Fund (IMF) reported in its World Economic Outlook that this year, for the first time since 1999, India's GDP growth (7.5 per cent) will outpace China's (6.8 per cent).
Bloomberg conveyed the news in dramatic fashion: "In the showdown between the world's largest planned economy and the planet's biggest democracy, 2015 will mark a turning point," it declared.
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