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Maybe. China certainly has significant internal long-term political issues to address but has a big head start with an economy twice as large as India's and is also growing faster giving it a further head-start.
But remember the 80s when everyone couldn't stop talking about up-and-coming Japan? Then in the 90s the Nikkai went South and the economy went deflationary with a real slow-down in GDP. The larger the economy the more difficult growth becomes. The US is unique in being in the top ten in GDP and GDP per capita.
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