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India and China to dominate world savings and investment by 2030
Countries classified today as developing will dominate global savings and investment in less than a generation, according to the World Bank. India and China are forecast to provide 38% of the total investment by 2030.
In 17 years time developing countries will provide for more than 50% of the total global stock of capital, up from about 33% they do today, the World Bank said in its Global Development...