I thought that China would have moved up at least one place since last year, but I guess not. I think it's better that India continue a steady measured pace of growth. 7% is good. China, IMHO, is growing too fast. They are in danger of becoming overheated.
China is walking a very dangerous line. If they follow the old models, they're going to explode into either civil war or war.
If the Communist leadership decides to follow a new model, which is what I think they're going to do - they'll prolong the inevitable, but they're going to have to choose between more democratic reforms or war in the end.
My bets on them choosing war.