China and India will be growth dynamos of the coming Asian Century. Both societies are changing fast, with different sectors and elites in the vanguard, not just at home but also in the global economy. However, as fault lines in China’s export-led growth model emerge, bigger bets are being placed on India’s enormous potential. By 2012, India’s economy will be growing as fast as China’s; by 2015, it could be growing much faster.
—Arpitha Bykere, senior research analyst, Asia
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