China, India To Lead World By 2050, Says PwC

26-Feb-2015 # ActEast, Wider Regions Source: The Diplomat

According to PwC, China and India will lead the world by 2050, as a result of Asia’s rise to global economic pre-eminence. It is predicted that India’s economy is expected to increase by an average annual rate of 6.4 percent from 2014 to 2020, remaining faster than China after 2020 due to its younger population and greater scope for catch-up growth.

Read Full Article..