China And India In Economic Race

China and India are often thought of as the two undisputed candidates to overtake the United States for world leadership in the foreseeable future. The rebalancing of wealth from West to East has led to growing expectations that Beijing and New Delhi will leverage their increased influence to address global governance challenges including trade, development, climate change, and transnational health problems. Indeed, China and India are more proactive in dealing with global issues. Both are steadily moving away from being recipients of foreign aid to net donors. In health, both show they are increasingly willing to take the lead. India is challenging the global intellectual property regime and redefining affordable drugs, and China is working closely with the global Fund to Fight Aids, Tuberculosis and Malaria to expand development assistance in Africa.
This Book will open you understanding to the economic and strategic policies that these countries are pursuing for the future. It is believed that by 2045 to 2050 both China and india will totally supplant the United States as the economic superpower of the world.