To be fair, India likely WILL grow faster than China as China's economy has many difficult transitions ahead of it. Perhaps more importantly, though, is China has one heck of an aging population ahead of it due to their own one child policy. Also, as there are exceptions to allow you to have another child if the first is a daughter in an attempt for a son, there's a fairly significant (~30 million by 2020) discrepancy in the gender ratio. What has frequently resulted is what's called the "four two one" effect, where one child has to provide for both his/her parents and four grandparents.
Basically, China has a rapidly aging workforce that will soon require the support of an artificially low population of young adults. India, meanwhile, has a very young workforce with a rapidly growing population that will almost inevitably pass China's.
I'm not saying that India's economy will be stronger than China's anytime soon, mind you, but it's certainly possible that they'll continue to outpace China's growth, especially as they have more room for improvement.
But yeah, I never read Bloomberg for the most part. This article is written for potential investors, after all, so it is only concerned with potential returns from Nintendo, not what this news means for fans, consumers, or the gaming world. One can't blame them for that of course, but the jargon shouldn't concern anyone who's only interested in Nintendo's games and well being as opposed to the potential gains for its shareholders. It's been doom and gloom for a few years now as a lot of people hopped on the Wii/DS gravy train and still expect Nintendo to somehow return to those lofty heights ASAP.