Beijing, New Delhi are the new international diplomatic centres. Most population countries and new economic power houses.
Beijing, New Delhi are
the new international diplomatic centres.
Most population countries and new economic power houses.
India is to replace China to be the most populous country in the world. The world cannot ignore that both China and India have a combined population of more than 2.8 billion.
China’s GDP will soon become the world number one in the world, sooner than expected because of the missteps of the US. In the near future, we will also see India’s GDP overtaking the US, again faster than expected.
According to the IMF, nearly 50% of the world’s economic growth in 2023 will come from China and India. The Asia-Pacific region will contribute about 70% of the world's growth.
Economic development is the only answer to raise the living standard and the creation of the middle class and consumers’ demand.
It is understandable that foreign leaders want to visit Beijing and New Delhi, where you see the money, trade and investment opportunities, perhaps also loans and financing.
On the contrary, less foreign leaders wish to visit the US and Europe where slow or negative growth is expected. They also have no money to offer to the world, except for political or security reasons.
Covid-19, war between Russia and Ukraine, policy shift of strategic resources, like oils, foods, helps to coin the term ‘Rising East, Declining West’. (东升西降)
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