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    India Media: China And India Grow Faster Than Other Countries

    2010/6/13 16:09:00 47

    Finance

    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.

    wealth

    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.

    Store

    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.

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