China and India: foes or friends?

Through western eyes, China and India might seem locked in a struggle for economic supremacy. The truth is quite different. The economies are complementary more than being competitors with each other, and the implications will shape the global economy for decades to come.

ON ARRIVAL AT Pudong International Airport, visitors are whisked efficiently through its shiny concourse and off to one of the city’s many five-star hotels via a brand new highway. It is hard not to be impressed when you check into the Grand Hyatt Shanghai, billed as the world’s highest hotel. It is located on floors 53 to 87 of the 88-storey Jin Mao Tower in Pudong, built on land that less than a decade ago was almost all paddy fields.

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