China & India: Catching Up With the West?
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India and China are the world's fastest growing economies. The multinationals of the developing world are challenging the dominance of Western firms.China's oil companies and mining firms are spreading throughout the developing world, while India's hi-tech firms are more than a match for many in the developed world. The world's tallest buildings, largest airports, fastest trains, and biggest dams are now all to be found in the developing world.Despite the rapid growth of the emerging economies, however, all reasonable projections point to a continued gap for decades to come between the West and the rest. China and India may soon become the world
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India and China are the world's fastest growing economies. The multinationals of the developing world are challenging the dominance of Western firms.
China's oil companies and mining firms are spreading throughout the developing world, while India's hi-tech firms are more than a match for many in the developed world. The world's tallest buildings, largest airports, fastest trains, and biggest dams are now all to be found in the developing world.
Despite the rapid growt