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Asia will lead world economies to 2014
May 4, 2011 | Leave a Comment
The International Monetary Fund (IMF) reports Asia will continue to lead global economic growth over the next two years even as the region grapples with risks including inflation, turmoil in the Middle East and the effects of Japan’s tsunami.
Robust growth will be driven by economic powerhouses China and India. The IMF forecasts China’s economy will grow 9.5 percent while India will expand about 8 percent over the next two years.