Share your thoughts about new China and developing India in the global community. In 1-2 pages, described the developments in China and India; discuss how those developments impact the global community; and discuss the ways that the global culture has more or less integrated in the recent years. Remember to include at least 2 credible and scholarly sources and cite your sources using proper APA format.
The Chinese economic takeoff has captured the attention of the whole world with its 15-year sustained growth. It started with the implementation of Deng Xiaoping’s economic reform policy in 1979. Since then, China has been the world’s fastest-growing economy (Maxwell, 2019). According to the IMF, on a per capita income basis, China ranked 73rd by GDP (PPP) per capita in 2019. China’s GDP was $14.3 trillion (99 trillion Yuan) in 2019. India is an emerging and developing country (EDC) found in southern Asia. … However, despite its rapid growth, poverty in India is widespread. The Human Development Index (HDI) places India 136th out of 187 countries, with 25% of the nation’s population still living on less than $1.25 (US dollar) a day.