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India, China show higher GDP growth in Q3, 2012
Nov 28, 2012

There is no doubt that the global economy has slowed down considerably in the September 2012 quarter. While the developed world (US, Europe and Japan) is still grappling with recession, growth in emerging economies (India, China, Russia and the like) has slowed down. Having said that, as today's chart of the day shows GDP growth in India and China in Q3, 2012 was still much better when compared to its developed peers. China, which had been enjoying 8% plus GDP growth in the past, saw growth falling below this level in the September 2012 quarter.

Data Source: The Economist

This Chart Of The Day was published in The 5 Minute WrapUp - Is India set to see a turn in fortunes of its poor?

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