The World Trade Organization lowers its forecast for trade growth as slowing economies in China, Brazil and other emerging nations, lower oil prices and exchange rate fluctuations drag on the global economy.
Officials from both countries approvingly cited Obama's declaration earlier this year that the once stand-offish pairing of the United States and India would become "the defining relationship of the 21st century."
The Chinese economy is growing at its slowest pace in a quarter of a century and analysts say the actual numbers might by worse than reported. How has the country reacted? And how will it move forward?