A report by the US Director of Intelligence claims that China and India will become the new power center of the world:
“China and India are restoring the positions they held in the eighteenth century when China produced approximately 30 percent and India 15 percent of the world’s wealth,” the director of national intelligence (DNI), Admiral Dennis Blair, told US Congress Thursday
“These two countries are likely to surpass the GDP of all other economies except the United States and Japan by 2025, although the current financial crisis may somewhat slow the momentum,” he said in his annual threat assessment report… All together – Japan, the “tiger” economies like South Korea and Taiwan as well as the rising giants of China and India point to the “rise of Asia” as a defining characteristic of the 21st century, the DNI report said.
Admiral Blair also states that the global economic crisis is more of a threat than terrorism. The NBC news commentary on the report:
See also past CDT posts on Chindia.
