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10 February 2009
India could grow faster than China in FY 2009
India's GDP can grow faster than China in the last half of FY 2009. China's mostly export oriented economy will suffer more as demand falls in export markets of the world like US and Europe. India's Economy will grow mostly because of the grown in local demand for goods and services. China has revised its growth prospects to 7% compared to India's 7.1% for FY 2009. This can be a good news for Investors looking for growth in a ressesion hit markets of the world.
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