One of the key factors discussed during this election has been the rate of growth of the US economy. Current estimates show Chinese economy at 7.7%, India at 5% compared to 2.2% for the US.
- What factors can you attribute to this difference?
- How important is the growth rate differential in determining optimum business location?
https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG
https://www.forbes.com/sites/mikepatton/2016/04/29/global-economic-news-china-will-surpass-the-u-s-in-2018/#2e93ee75474b