A tale of two giants: comparing China and India

Accounting for 40 percent of the world’s population and almost 20 percent of the world’s output, China and India are two of Asia’s—indeed, the world’s—economic giants. In addition to their size, these countries have other traits in common. Both are among the fastest-growing economies in the world, and both are transitioning from heavily state-controlled and regulated economies to more market-based economic systems.China ; India