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Murdoch: China, India will reshape the world

SYDNEY: Media tycoon Rupert Murdoch has said the ongoing metamorphosis of China and India from historic backwaters into economic powers will reshape the world in the next few decades.

The News Corp chief gave an upbeat assessment of the future and made a vigorous case for free markets despite troubled economic times and what he called “naked, heartless aggression” in the world.

In the first of a series of speeches in his birth country of Australia on Sunday, Mr. Murdoch spoke of “the great transformation we have seen in the past few decades, the unleashing of human talent and ability across our world, and the golden age for humankind that I see just around the corner.”

“The rise of their economies is creating a new middle class that would be three billion strong within 30 years and is setting a new benchmark for global competitiveness,” Mr. Murdoch said — AP

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Murdoch: China, India will reshape the world

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