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"The Chinese 'normal' has now changed. It is no longer the 9 percent, 10 percent, 11 percent growth rate," Indian Finance Minister Arun Jaitley said. "So the world needs other engines to carry the growth process, and in a slowdown environment in the world, an economy which can grow at 8 to 9 percent like India certainly has viable shoulders to provide the support to the global economy." (Associated Press)
Photo by: Bikas Das
"The Chinese 'normal' has now changed. It is no longer the 9 percent, 10 percent, 11 percent growth rate," Indian Finance Minister Arun Jaitley said. "So the world needs other engines to carry the growth process, and in a slowdown environment in the world, an economy which can grow at 8 to 9 percent like India certainly has viable shoulders to provide the support to the global economy." (Associated Press)

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