The Problem With China and India's GDP, According to a Star Economist

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  • No major Asian economies can sustain 7% in foreseeable future
  • China can avoid a financial crisis but growth will slow

The two biggest emerging markets are probably growing much slower than official data suggests, part of a trenchant downturn in growth seen around the globe, according to Ruchir Sharma, head of emerging markets equity and global macro at Morgan Stanley Investment Management.

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