Convergence theory seems to fit the experiences of China and India since 1996.

Question

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Since 1996, China and India have been experiencing convergence, meaning their economies have been catching up with those of developed countries. Both countries have seen significant economic growth, with China becoming the world's second-largest economy and India becoming the world's sixth-largest economy. This fits the predictions of convergence theory, which suggests that poorer countries will eventually catch up with richer countries through increased investment, technological advancements, and other factors.

Convergence Theory Seems to Fit the Experiences of China and India