India-China Lead Global GDP Growth, Outpacing US; Elon Musk Highlights Power Shift

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News18•01-02-2026, 10:26
India-China Lead Global GDP Growth, Outpacing US; Elon Musk Highlights Power Shift
- •Elon Musk shared IMF data on X, showing China and India leading global real GDP growth by 2026.
- •China is projected to contribute 26.6% and India 17.0% to global GDP growth, totaling 43.6% combined.
- •The US is expected to contribute only 9.9%, falling to third place behind the Asian giants.
- •The data indicates a significant shift in global economic power from West to East, with Asia-Pacific contributing approximately 50%.
- •These figures are gaining traction ahead of India's Union Budget, highlighting the strength of its economy driven by youth, digital transformation, and manufacturing.
Why It Matters: India and China are set to dominate global GDP growth, signaling a major shift in economic power.
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