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Oct 2005, its not the most recent of articles and it really only addresses economic comparisons.
Educationally and economically they both have to take vast steps to catch up with the west. I suspect that it might not be this generation but the next that really benefit in these areas.
In Britain there are large numbers of kids leaving school barely literate. I read somewhere that India and China were each producing more graduates each year than the whole of Europe put together. Give them a generation and I am sure the numbers alone will begin to close the gap.
Technologically they are both only a step behind the best of the west. Both are planning manned missions to the moon, both are nuclear powers.
The only thing I foresee getting in the way for them is natural resources, particularly energy.
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