China accounts for 24% of global production, while India’s share is 7%, and volumes keep growing. The demand for resources in these countries continues to grow, too. China and India have a higher per capita GDP growth, compared to the US and the EU. At the same time, the unemployment rate is lower than in the EU, while the inflation rate is about the same as in the US. The investments of China and India in transport infrastructure are much larger than those in the US and the European Union. The economic potential of India and China grows annually. At such growth rates, these countries will become superpowers in the coming years.
This infographic was prepared for the 15th Annual Meeting of the Valdai Discussion Club.