Speaking of India and having spent the last few days in New Delhi myself, I can't help but feel a great amount of optimism for India's future. In International Affairs India is slowly taking a more and more magnanimous stand towards Pakistan, for example taking steps to ease the enemy property act of 1968 (just this month), resuming bilateral talks (as of two months ago). It will grow 6% this year. It has an educated, youthful, English-speaking workforce. India is tangibly pulsing with energy, which means with simple knowledge transfer in the years to come huge population/ over time = inevitable earnings growth. And better late than never: infrastructure spend/financing/priorities are finally starting to come together.

Similarly, we could talk about the considerable wealth that Chinese companies have amassed, we could talk about the surge in number of scientific articles Chinese scientists have published, we could talk about the real innovation Chinese companies have made just in the last five or six years, whether in design or in delivery of services[iii]. To me, what makes China distinctive is China believes it should be great.