No, China will not beat India to fastest growing economy tag; here is why
The International Monetary Fund (IMF) says that India will retain its top spot as the world`s fastest growing economy, helped by structural reforms and the fading of the effects of demonetisation and the new goods and services tax system.
China`s growth rate is projected to be be 6.6 percent this year and slide to 6.4 percent next year. Image source: Pixabay