Asian Ascent

By 2060, India and China are each projected to have economies larger than that of the US, and collectively 46% of world GDP, compared to 24% today. By contrast, the developed economies of Europe, North America and Japan will account for 42% of world GDP compared to 65% now. Despite this, GDP/person in China will be 59% of ours; in India just 27% of what it will be here.

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