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India will Outperform in Asia

Sunday, 7 Dec 2008 | 8:11 PM ET

India has cut interest rates another 100 basis points and earmarked 200 billion Indian rupee more in fiscal spending. Sebastien Barbe, senior economist and strategist for Asia ex-Japan at Calyon Corporate & Investment Bank said the measures to shore up growth will benefit the country. He also explains to CNBC's Martin Soong why he believes India will be among the strongest performers in Asia.