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India, China see strong signs of economic slowdown: OECD

India, China see strong signs of economic slowdown: OECD Zeebiz.com

London, Jul 09: India and China, two of the world's fastest growing economies, are witnessing strong signs of slowdown, while most of the developed nations are seeing moderate growth, according to Paris-based think tank OECD.

The Organisation for Economic Cooperation and Development (OECD) Monday said that economic activities in India and China are below their long term trends.

The latest readings are based on Composite Leading Indicators (CLIs) that provide early signs of turnaround in economic activities of a country.

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