ChInSEA new driver of global growth

China, India and South East Asia (ChInSEA pr: q��ns��) comprise almost half of humanity today. China, India and the Association of Southeast Asian Nations have been the three fastest growing economies over the past two years. Amid the global slowdown, ChInSEA contributed more than 50 percent of the global GDP growth last year. As the Brazilian economy slows down and Russia sputters, ChInSEA has emerged as the new driver of global growth.

Going by Asian philosophy, the five key sutras (threads of thought) for ChInSEA's growth are:

First, China, India and the 10 member states of ASEAN share many a common border, sea link and ancient route that have facilitated the flow of people, ideas and trade. In recent years, massive investments have gone into building roads, ports and railways in the three economies. A high-speed rail network linking Kunming in Yunnan province to Singapore is in the pipeline, as is a "Maritime Silk Road". A $40-billion new Silk Road infrastructure fund has been set up. The leadership is clearly with China, though India too is planning a highway from Kolkata in the eastern part of the country to Thailand via Myanmar. And Thailand is investing in Dawei (Myanmar) to build a port and gas pipelines.