deflationary impulses for the rest of the world economy. The jury is still out on whether the second largest economy, China, will …

This paper analyses the integration of China and India into the global economy. To this end, it presents estimates from … China’s trade intensity is higher than fundamentals would suggest, whereas the converse is true for India. Second, Chinese …, China’s exports of services tend to complement its exports of goods, while India’s exports are growing only in deregulated …