China, India to overtake Japan by 2020


  • Business
  • Saturday, 12 Feb 2005

FRANKFURT: China and India will be the world’s second and third largest economies by 2020, pushing Japan into fourth place, according to research by Deutsche Bank. 

The United States will remain the biggest economy. However, India and Malaysia will overtake China to become the world’s fastest growing economies over the next 15 years due mainly to strong population growth. 

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