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By the way i read on news paper two days ago that china going down rapidly.... i read that due to europe crisis china's export droped. From 9.1 percent growth china will drop to 8percent and would go further below then that.... Many people in china got jobless due to less demand of export.... This is what happens when a country depended on other countries (export).... Am glad india is different from china.... Our people is our strength....
No need to have sleepless nights worrying about us. We may hit a little bump next year just like everyone else, but we'll be bouncing right back.
Chinese economic growth is seen easing to 8.5% in 2012, from 9.3% this year, before climbing back to 9.5% in 2013.
OECD calls for urgent action to boost ailing global economy
Since you're bringing India into this discussion, FYI the OECD projection for Indian growth is 7.7% (2011), 7.2%(2012) and 8.2%(2013).