India is one of fastest-growing countries according to the White House

“Economic growth in China has been on a downward trend since a brief rebound after the global financial crisis. China has been attempting to re-balance from an investment- and export-driven economy to an economy driven more by private consumption,” it said.

The White House said as China’s economy grew to 15 per cent of global GDP in 2015, targeted industrial policies have made it the world’s largest manufacturer and the dominant producer of some key goods in the global marketplace, as well as a major source of demand for an array of goods, magnifying the effects of changes in its domestic economy on global prices and growth.

From Agencies, Feature image courtesy usnews