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Echoing similar forecast, Global rating agency S&P in its latest study has also stated that notwithstanding the recent turmoil in the global Markets, two of Asia's largest economies India and China will grow at 8 per cent or above in the next two years. According to the report titled 'Asian Resilience Amid Global Turbulence' strong regional drivers are expected to insulate the Asian economies from the adverse impact of a moderate recession in the US. According to S&P's Asia-Pacific chief econ ...
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