Goldman Sachs says India to outpace China in coming years

Author: Eamonn Sheridan | Category: News

Goldman Sachs is saying that India could surpass China in the next two years in terms of real gross domestic product expansion

  • Projects India’s real GDP growth rate will remain behind China’s this year and next
  • But surpass it in 2016 with 6.8% GDP expansion as China’s growth slows to 6.7%
  • Goldman predicts that India will extend that lead over the following two years
  • Goldman says India will have one of the highest growth rates in the world in 2016  – more than triple the growth rates of Brazil, Russia, Japan or Europe

India China Goldman sachs 08 December 2014

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