IMF's
(International Monetary Fund) GDP forecasts for 2011 and 2012 do not
really paint a rosy picture. As today's chart of the day shows, although China and India lead the pack, growth rates would still not match what they were in the last couple of years.
This is not surprising given that both economies are battling inflation
as a result of which their central banks have been tightening interest
rates. Despite this, both these countries are way ahead of the rest of
the pack in terms of growth.
 |
| Source: The Economist |