It’s the economy, stupid
Nine photos that foretell the rise of two world powers – China and India
While global politics take a backseat, both China’s Xi Jinping and India’s Narendra Modi are meeting CEOs of US tech/Fortune-500 firms during their visit to US this month for UNGA (United Nations General Assembly) session.
Here are nine photos that show how priorities of world powers are changing.
1 China’s President Xi Jinping meeting US CEOs. Companies represented in this photo have a combined market cap of $2.5 trillion.
China’s world-reshaping One Belt, One Road (OBOR)
VIDEO: An economic history of the world in 1 minute. Source: The Economist
Pakistan’s place in 2050: Wali on The Pakistan 2050 Opportunity
2 India’s PM Narendra Modi interacting with some of the Fortune-500 CEOs in a special event in New York.
3 India’s PM Modi in meeting with CEOs of Google, Microsoft and other tech giants.
4 Modi with founders and CEO of Google at their Santa Clara County, California, headquarters.
5 Modi with Facebook CEO Mark Zukerberg at their Menlo Park, California, headquarters
6 It was last year (2014) when China crossed US as world’s No 1 economy on GDP (PPP terms). India is No 3. Updated 2016. Source: IMF World Outlook
See: How China overtakes the US economy
7 Global economic growth is now more reliant on just three countries – China, USA and India. Source: The Economist
8 India overtakes China & US as world’s top FDI destination. $31 billion in first half of 2015. Means $1.2 billion every week. Total India FDI in 2015: $63 billion. Source: Financial Times
9 In 2050, China is world’s No 1 economy and India is No 3 by GDP, according to Goldman Sachs. Source: BBC
PS: Pakistani PM Nawaz Sharif also visited New York for UNGA 2015 session. The only high-profile meeting reported was with Bill Gates, former CEO of Microsoft. It was to seek Gates Foundation’s support for polio eradication program in Pakistan, and not for business opportunities.
Result: Total Pakistan FDI in 2015: <$1 billion
PPS: September 2016: PM Nawaz Sharif is visiting New York for UNGA 2016 session. I produced this video message for him:
VIDEO: Pakistan at UNGA 2016 | Are our priorities right?
See also on this blog:
What the world will be like in year 2100
Pakistan is now world’s 40th largest economy
Africa: Nigeria largest economy, China largest single trading partner
Total fertility rate falling in world; rising in Africa, Pakistan
Pakistanis to have shorter lives as the world will live longer
Number of nuclear warheads down worldwide, up in S Asia
2050: What if cities ruled the world?
The 2050 world through Wali’s eyes: Urdu Digest interview
With a parade, China announces itself as the next superpower: TIME
The World Bank, meet your challenger: China-led AIIB
Xi Jinping: most powerful Chinese leader since Mao Zedong
China gets highest approval from Pakistanis, Africans as world leader
Work on India’s first $15B bullet train starts in 2 years
Key reforms facing PM Modi’s government
Small change, big impact: Modi’s reforms
A bit on Pakistan, too:
Wali on The Pakistan 2050 Opportunity
Wali on Pakistan of future
$46B China-Pakistan Economic Corridor: 15 years, 3 routes, 51 projects
A miracle: Pakistan score in Long Term Orientation goes from Zero to 50
Pakistan is the world’s fastest-growing Muslim economy: The Economist
Forbes calls Pakistan the next Colombia success story, asks US to see beyond security lens
Pakistan to upgrade to emerging-market status