Image source- Wikimedia Commons / Credits- Srisez Source- The Diplomat Author- Anthony Fensom India has emerged as Asia’s leading light as China’s slowdown continues and other developing economies struggle to pick up speed, according to the latest economic indicators. On Wednesday, China released data showing the world’s second-biggest economy expanded at its weakest pace since 2009 in the March quarter, slowing to an annualized gross domestic product (GDP) growth rate of 7 percent on lower investment growth and a weak property sector. While in line with Beijing’s official target and the median estimate of economists surveyed by Bloomberg, industrial production slowed to its lowest level since 2008 and fixed asset investment hit a record low, causing Asian stocks and market interest rates to fall. For the quarter, China’s economy grew by 1.3 percent, down from 1.5 percent growth in the previous quarter, with analysts urging further monetary easing to counter