There was a time when the world looked West. Not any more. Now the East is beginning to appear a lot more interesting. Not only because of the performance of certain characters on stage – India and China – but also due to the curious dynamics emerging out of the tussle between the two, the ramifications of which would definitely impact upon the global economic scene. The battleground of one of the most recent confrontations was the SAARC Summit, held at Bangladesh, where, curiously enough, China hadn’t even been invited. Its physical absence notwithstanding, the summit high-lighted enough proof of the growing influence of the Chinese dragon south of the Himalayas and the rapidly emerging geopolitical scenario.