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looking beyond borders

foreign policy and global economy

Tag: $41.5 trillion

Written by lookingbeyondbordersDecember 23, 2012

China and India: The $10 Trillion Engine of Future U.S. Growth

Between 2010 and 2020, Chinese and Indian consumers will spend some $64 trillion on goods and services. Chinese consumers will spend approximately $41.5 trillion, with annual expenditures reaching more than $6 trillion in 2020. Indians will spend $22.5 trillion, with annual spending hitting an estimated $3.6 trillion by 2020. Combined, they will be spending some […]

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