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According to a recent report by Goldman Sachs, India is likely to surpass China in terms of GDP growth by 2016. That is less than 14 months away if you play with dates! The forecast is that during that year, India will see growth of 6.8% whilst China will be at 6.7%. Of course, its just a prediction and its currently just one bank making it. However, a Goldman forecast usually carries a lot of weight. If you take the recent reports in China Daily this week as well they are interviewing government economists…
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