If India can consistently outperform China on GDP growth by 3% per year then should catch up on per capita GDP in about 40 years
HSBC and rating agency Fitch have forecast India’s gross domestic product (GDP) to grow at 8.3 per cent in 2016-17. China is likely to have GDP growth at 6.5-7.0% in 2016 and 2017. The IMF has China having per capita GDP on a purchasing power parity basis of $13993 in 2015 and India with $6167. …