Wednesday, January 24, 2007

China, Then India to Surpass the U.S. Economy

The Indian economy will join China in surpassing the size of the U.S. economy by 2045 to become a motor of global growth, according to a forecast by investment bank Goldman Sachs.

The U.S. is currently the world's largest economy. Goldman forecasts that the Chinese economy will pass that of the U.S. by 2035, while India will do the same a decade later.

From the
International Herald Tribune.

1 Comments:

At 1/25/2007 1:11 PM, Anonymous Anonymous said...

The growth of the economies in China and India should improve the standard of living for the poor in both countries. For this reason, I hope the growth comes sooner than 2035 and 2045.

- M. Harris

 

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