Description
India has long envied China’s rapid transformation from Third World backwater to economic powerhouse, and wants to follow that same path. It is now the world’s 5th largest economy, just as China was two decades ago, and is gaining ground in the rankings amid a development and population boom. As an authoritarian-run China confronts slower growth and a declining population, the rise of a democratic India will have profound implications for the world’s political, strategic and economic order.
