India growth does not (yet) herald end of China's economic reign
12 May 2015
For the first time in history, the International Monetary Fund (IMF) has noted that the growth forecast for India exceeds that of China. But although the IMF expects India to grow at 7.5% in 2015, relative to China's forecasted growth of 6.8%, it would be premature to envision China being toppled from its position as the global economic giant, says Avien Pillay, Head of Research at Old Mutual Wealth.