ISAS Special Reports

China and India, the world’s largest and third-largest economies by purchasing power parity, play pivotal roles in global trade, supply chains, innovation and climate action, making their influence on the international order increasingly significant. Recognising the importance of understanding this evolving dynamic, ISAS and the East Asian Institute launched a joint series on 14 November 2024 titled ‘China and India: Two Giants Shaping the Global Economy’. The event featured a public session with expert insights and a closed-door workshop, bringing together specialists to examine the strategic and economic trajectories of both nations. This report captures the key takeaways from these discussions, focusing on their economic policies, industrial development and the broader geopolitical context shaping their rise.