2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which country loses its Fast Growing Economy Tag to China?
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Pakistan
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India
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Indonesia
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England
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Explanation:
Detailed explanation-1: -Many factors have slowed China’s growth outlook, some compounded by policy mistakes. COVID-19 outbreaks, hardships imposed by draconian public health mandates, and sliding property prices all threw shade on President Xi’s big plans for a year of stability.
Detailed explanation-2: -Moreover, India’s real GDP growth will be over 2 percentage points higher than China’s every year over our forecast horizon.
Detailed explanation-3: -China’s economy grew at an average rate of 10% per year during the period 1990–2004, the highest growth rate in the world.
Detailed explanation-4: -On ppp basis, GDP of China is 2.38x of India.
There is 1 question to complete.