Simple facts of the two fastest growing economies of the world say, Chinese dragon is way ahead of Indian elephant in terms of their respective future economic growth. For India, the elephant needs to be winged to fly; she can not afford to wait for the evolution of a flying Elephant, writes Bishwajit Okram, Financial Controller, C&F Group, Ireland.
China will take over USA in 2018 as the world’s largest economy, says an economic game published in the December 31st edition of the Economist.
India is nowhere near the two; interestingly at the least, nowhere near China. The economic barometer is pointing towards a Chinese economic world no later than 2020.
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