Chinese media says India’s economy will surpass China’s

Chinese and Indian Flags

Chinese and Indian Flags

The following is based on a translation from Chinese media: says in its report today that according to Indian publication The Hindu’s report on April 29, India is expected to achieve a growth rate of 8%, faster than China.

If it conducts further reform and achieves steady faster growth rate, it will certainly surpass China’s economy.

China is not afraid of India surpassing it, even though it has border disputes with India.

Xi Jinping even provided India with financial assistance for its economic growth when he visited India last year.

Only the US is afraid of another country surpassing it, and is even willing to harm itself to harm China, the Chinese report stated.

Source: “Indian media: Indian economic growth will steadily surpass China: Disparity will keep on narrowing” (summary by Chan Kai Yee based on the report in Chinese)


Categories: Finance & Economy

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2 replies


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