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India’s economic rise could hinge on lessons from China’s growth story
Amid the pessimism surrounding China’s economy, India’s is poised to boom. Will this be the moment it achieves its tryst with destiny?
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Optimism about India abounds with forecasts of high growth rates, rising FDI flows, rapid improvements in infrastructure, and a booming stock market.
PHOTO: AFP
Pushan Dutt
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Some time in 2023, India’s population surpassed that of China.
Numerous articles raised questions on whether China would become old before it became rich, which led to one obviously peeved Chinese official to respond that it is quality and not quantity that matters. To which one could retort that quantity has its own quality.
