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Article: INDIA STARTS TO PULL ITSELF OUT OF CHINA'S SHADOW FAST-GROWING NATION AIMS TO 'TWIST THE DRAGON'S TAIL'.(News)
- Article from:
- Seattle Post-Intelligencer
- Article date:
- July 6, 2007
CopyrightCOPYRIGHT 2007 Seattle Post-Intelligencer. All rights reserved. Reproduced with the permission of the Dialog Corporation by Gale Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: MARCUS GEEThe (Toronto) Globe and Mail
NEW DELHI, India -- After more than two decades of eating China's dust, India is starting to pull closer to its sprinting neighbor.
India's economic growth touched 9.2 percent last year, just short of China's 10.4 percent. This year things are going even better. With one estimate putting growth at a seasonally adjusted 11.4 percent in the first quarter, India might even overtake China to become the world's fastest-growing economy in 2007.
The competition between the two Asian giants - both ancient civilizations, each with more than 1 billion people - is the great race of the early 21st century, ...