Chinese-Dragon
RETIRED TTA
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- Jul 9, 2010
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Elephant is just trying to catch Dragon but it is still 15 years behind dragon,but slowly and steadily elephant will/can reach at that point thats for sure.
The problem is, after you have moved ahead 15 years, China will also have moved ahead by 15 years.
As before, 10% of 5 trillion (China) is a LOT more than 10% of 1 trillion (India).
Even if your growth rate catches up, the "real growth" of China will still be bigger, due to the larger base size.