This paper analyses the integration of China and India into the global economy. To this end, it presents estimates from … China's trade intensity is higher than fundamentals would suggest, whereas the converse is true for India. Second, Chinese …, China's exports of services tend to complement its exports of goods, while India's exports are growing only in deregulated …

front in reforming aspects of global governance. Yet China's rise in Asia has unsettled the balances of power which have … global level, but seeks to balance China at the regional level. On the global multilateral level, India has common cause with … United Nations Security Council and the Non-proliferation Treaty, where China and Russia can be qualified as established …