That is a pretty outline with no supporting data.
China has been very nervous about the Indian economy for some time now.
China has been very nervous about the Indian economy for some time now.
lol right. go to shanghai or hong kong, then go to mumbai, and tell me that with a straight face.
STRATFOR:
"Because India's population will surpass that of China in 2030 or so, even as India's population will get gray at a slower rate than that of China, India may in relative terms have a brighter future. As inefficient as India's democratic system is, it does not face a fundamental problem of legitimacy like China's authoritarian system very well might."
-- R. Kaplan
Brazil GDP: 2.5T (2012) Russia GDP: 2.1T (2012)
India GDP: 1.9T (2012)
India isn't even in the same league as China. India has to compete with Russia/Brazil. BRIC is an old grouping from years ago.
Having a huge population and being democratic doesn't automatically give you a bigger economy. Look at South Korea (1.3T) or Japan (6T) comparatively.
Also, read the CIA world fact book pages for China/India.
If such a scenario were to happen... it'd would be pretty catastrophic the world over. GIven how tied the US and China's economies are tied, I don't think the US would allow a USSR style collapse... :\