Excerpts from Current History essays on major milestones, published two decades ago.

Although Sino-Indian relations have greatly improved over the past decade, … [u]nresolved territorial disputes, China's unconditional support of Pakistan, and growing competition for energy resources and regional influence could quickly derail hard-won gains.

China and India are already major players in the global economy. However, their impact in coming decades on the world's economic and strategic landscape will depend … on how each deals with its structural and economic challenges.

Renewing the momentum of reform, and thereby broadening and reviving growth, is essential if India is to achieve its economic goal of breaking out of the third world.

Almost all the East Asian economies have recaptured the economic momentum disrupted by the 1997 financial crisis in the region. Although that momentum was slowed with the global economic downturn in 2001, the process of financial and corporate rebuilding and restructuring in response to the crisis has not.