For the past 40 years, the most dynamic economies in the world were China and India. From approx. 5% of US GDP level …, China grows to 26% and India to 11% of current US levels. The ratio of foreign trade to GDP is similar for both countries as … well as capital flows to GDP. So why did China outperform India twice in terms of GDP growth and why is India first now …

From 1980 through 2020, the rate of population growth declined in both China and India, but the decline was far more … pronounced in China. During the same period, per capita income increased substantially in both China and India, but the increase … was far more pronounced in China. The fact that China and India are similar in many important respects (ancient cultures …