lonelyman
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MIND BOGGLING
Morgan Stanley estimating an Average GDP Growth of 11 percent for India for next 8 years
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MIND BOGGLING
Morgan Stanley estimating an Average GDP Growth of 11 percent for India for next 8 years
We learnt that from Pakistani....You are right, China is still a 3rd world country, with a lower GDP per capita than Mexico.
Nominal GDP per capita (2015):
Mexico: $9,452
China: $8,141
Now what did Morgan Stanley report say that India's GDP per capita would be in 2025?
The poor are making fun of the poor, while the rich world sits back and laughs.
you know that India is still in 3rd gear.....by 2025 we may be in 5th gear....He is right though, China is a 3rd world country (developing country), with millions still in poverty. With a GDP per capita lower than Mexico and even some African nations.
Now think about this, China today has a nominal GDP of around $11 trillion.
India isn't even aiming to reach half of that by 2025.