Thursday, April 1, 2010

Roubini: India Has Edge On China

The future global growth will come largely from emerging economies from Asia to Latin America,said Nouriel Roubini from a conference in India, adding that India and China together had a higher potential than the rest of the world.

“China has been a hare and India a tortoise but growth is accelerating in India,” Roubini said. “There is a massive need for both human and physical capital.”

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