LOL, yet China grew at 9.2% in 2011. And we are still the largest trade surplus nation in the world by a big margin. Even our currency reserves alone, are double the size of the entire Indian economy.
India meanwhile, their growth has fallen to 6.1%.
India has always been a trade deficit nation, with a debt-to-GDP ratio far higher than any of the other BRICs.
what your explanation has to do with his statement ? Kindly elaborate...