Hi What,
approx 2 years ago i watched an interview on Bloomberg with JP Morgan CEO James Dimon, The question asked to him was where do you see India in comparison to China, He replied and i pretty much recall the exact words he used "India is where China was in the late 90s.
Last week on Sky they were interviewing a trader on the floor on Wall St, He was asked the same question only it was in regards to oil, The traders response was, India is where China was in 2001-2002
Watch A.Forrest in this presentation (2015), FWD to 17:20..listen closely on what he says about India and comparing the time line to China.
Iron Ore Price, page-8312
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