China Might Still Be Booming
A new method of forecasting economic growth bodes well for China and India.
Ready for takeoff?
Photographer: Brent Lewin/BloombergThis article is for subscribers only.
Where will China and India be in a decade, economically speaking? Judging from the abnormal speed at which they have grown in recent decades, most forecasters think they are due for a slowdown -- and, in the case of China, possibly even a crash.
Looked at another way, though, the two countries' prospects could be much brighter.