The Super-Cycle Report projects that China is likely to overtake the US to become the world‟s biggest economy over the next decade, while India could become the world‟s third-largest economy by 2030. Moreover, India is likely to grow faster, on average, than China over the next two decades. We factor in a trend rate of growth of 6.9% for China, allowing for setbacks along the way, and of 9.3% for India, again taking into account the business cycle. Indeed, India has many of the features that will enable it to emerge as a winner in the super-cycle. We believe the winners will be those countries which have cash, commodities, or creativity, or a combination of these factors. India does not have an abundance of cash or commodities, but it has creative potential. -- Is India or Canada the place to invest? |