China & India to take control of one-third of global economy
China & India to take control of one-third of global economy
The developing markets of China and India will make up 35 percent of global gross domestic product (GDP) by 2060, nearing the US and European nations' combined share, according to the Japan Center for Economic Research.
The Tokyo-based think tank says China's share of the world's economy will be about 20 percent and India's nearly 16 percent, up from 17 percent and four percent in 2019, respectively.
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