Asia as a Global Economic Player

In today's world, Asia is a major economic power because of the world's most populous, populous country, China, India. "Between 500 and 1500, Asia is an amazing, connected, creative place, the five largest cities in the world located in the center of the empire, there are still some such as Delhi, Beijing and Istanbul. Today's main city "(Gordon.Pg.Vii). History has always shown that these two countries are the focus of attention of many invaders to wealth and power.

India's rise in the status of the world economy has also raised India's claim. India is now the fastest growing major economy in the world, the third largest economy in Asia. As expected in the 2017 economic survey, India's real GDP growth will be between 6.75% and 7.5% regardless of rising crude oil prices, Brexit, protectionism, major economies, etc. . International turmoil such as trade related tensions. India's leading position in software and its IT services has made it a global technology giant and has increased its growing economic and trade footprints all over the world. India is now listed as one of the most influential participating countries of WTO, BRICS, and G20.

China and India are playing an important role in the world economy because of their large population, strong economic power, and a huge trade sector. But if you can not cope effectively with the huge development challenges they are facing currently, pursuit of global economic players will be hindered. Before China and India break intentional separation of the world economy and introduction of market-oriented economic reform and liberalization, they have similar development strategies. In 1978, China began to reform the closed, centrally planned out-of-market economy. In India there is always a large private sector and a functional market, reforms tend to be rare and subdivided that started in the 1980s were tightly controlled by the state (Srinivasam 2003).

Canada and China are important trading partners and economic players in Asia Pacific and world markets. China is the second largest economic power in the world, with a population of 1.34 billion people and the most populous country. Canada is the tenth largest economy in the world with a population of 34.5 million. In 2011, the gross domestic product (GDP) reached 9.0 trillion US dollars, there is no doubt the economic impact in the world economy and the bilateral correlation. See Appendix 1 for a snapshot of Canada and China's economy.