Rising Powers: The Role of India and China in the World Economy

This workshop examines the role of India and China in the world economy. China and India are the new economic powerhouses of this wave of globalization. Their entry into world markets and their interaction will continue to shape globalization and will create new challenges for U.S. foreign and economic policies.

Mr. Joydeep Mukherji, Director Sovereign Ratings, Standard & Poor’s

India: Shaping globalization, interaction with China and its impact on the United States

Professor Huang Yasheng, Associate Professor, MIT Sloan School of Management

China’s role in the world economy, sustaining its economic momentum and competition with India

Mr. William A. Reinsch, President of National Foreign Trade Council

United States: Responding to the rise of India, China and globalization

Moderator: Mr. James Lewis, Senior Fellow and Director, Technology and Public Policy Program, CSIS

Driven by technology and trade, the internationalization of economic activity -globalization- is reshaping how Americans work and do business.  Globalization affects the economy, technological leadership and, potentially, U.S. security.  There are clear benefits but there are also underlying concerns that globalization could erode the sources of American strength, as jobs, manufacturing and innovation flow from the United States in response to the demands of an international market. 

This workshop examines the role of India and China in the world economy.  China and India are the new economic powerhouses of this wave of globalization.  Their entry into world markets and their interaction will continue to shape globalization and will create new challenges for U.S. foreign and economic policies.  To help understand events in these two countries and their implications the U.S., CSIS has invited three leading exports on foreign investment, finance and trade policy to discuss what we can expect from China and India in the future and what the implications for the U.S. may be as a result.