The ascension of China and India continues to be the most important economic story in the world. Here is a picture of the total gross domestic product growth rates of China and India, with the US added in for comparison:Both India and China have been growing much faster than the US. India, whose growth rate overtook China’s in 2015, is still much poorer, so it only adds about a fifth of the dollars China does each year. So the question of global growth still hinges on China and India. First, they should do as much as possible to facilitate investment in China and India, as well as exports to both.

Source: Mint November 14, 2016 03:09 UTC