SP Global Market raised growth forecast of China, still significantly lower than India

New Delhi [India], June 24 (ANI): The SP Global Market Intelligence has upwardly revised GDP forecasts for China in its latest report. But even with the revised forecast, China's GDP growth will be substantially lower than that of India.

According to SP, India's GDP is projected to grow at a rate of 6.7 per cent in 2024 and 6.3 per cent in 2025. In contrast, China's economy is now forecasted to grow at 5.0 per cent in 202