Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (379)	8/17/2003 10:42:12 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

India warned over China's growth pace NEW DELHI: Indian Privatisation Minister Arun Shourie has warned that China's economy will outstrip India's six times over in the next 15 years if India continues with its present slow pace of economic reform. In an article in the Indian Express newspaper yesterday, Shourie said India had "unbounded opportunities and incomparable advantages to seize them." But if these chances were frittered away, "unemployment will reach such proportions that social unrest will become unmanageable. "Similarly, if the rates of growth of India and China continue to differ by the margins of the past 15 years, within the next 15 years the Chinese economy will be six times that of India." The federal government has set a revenue target from privatisation of 132 billion rupees ($2.75bn) in the current financial year to March 2004. gulf-daily-news.com