India Media: China And India Grow Faster Than Other Countries

2010/6/13 16:09:00 47

The India economic standard June 11th article entitled "India and China will become richer faster than other countries".

A report shows that booming markets like India and China will create more rapidly in the future.

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In 2009, the world's total wealth grew by an astonishing 11.5 percentage point, reaching $111 trillion and 500 billion.

In the tenth annual report of global wealth, the world-renowned Boston consulting company pointed out that China and India will have three times the wealth growth of other countries in the next 5 years.

The report says that the world economy, which is gradually recovering, is the financial market and the increasing reserves that have revived people's hopes.

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And leading.

"There is no doubt that it is strong.

Economics

With the pull of wealth, wealth will continue to grow at a high speed in those emerging markets. "

An expert from the Boston consulting company said he was also one of the authors of the report.

The Asia Pacific region, apart from Japan, will grow rapidly at a rate of two times the rest of the world.

The wealth of the region in the world is 15% in 2009, and it will reach 20% in 2014 after five years.

In this regard, China and India's economic growth will dominate.

However, Europe is still the richest region in the world.

Its total output value of $37 trillion and 100 billion occupies 1/3 of the world's wealth.

The number of millionaires in the world increased by 14% in 2009, up to 11 million 200 thousand.

Among them, Americans accounted for 4 million 700 thousand of the top ranking countries, with the largest number of millionaires in the United States, Japan, China, the United Kingdom and Germany.