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.
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
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:
See also on this blog:
A bit on Pakistan, too: