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Économie, emploi - Population

« Chasing the Dragon: Will India Catch Up with China? »

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The emergence of China and India as two major world economies is the driving force behind the rise of Asia’s share of world Growth Domestic Product (GDP) over the last decade. Since the 1980s, China GDP growth has been rising and leading world economic growth. Over the last decade, it has become the USA’s primary trade partner, as well as the most prominent exporter to the European Union and could become the world’s leading economic power by 2050. India’s substantial economic growth is more recent, however over the last decade India’s GDP growth has approached the same rate as China’s. This statistic leads to the question at the center of Mohan Guruswamy and Zorawar Daulet Wingh’s book, will India catch up with China?