Abhijit Banerjee: China and India can do so much more to help their citizens

India and China are in the grips of economic slowdown but it brings a lesson that they must learn, write Abhijit Banerjee and Esther Duflo.

One of the most worrying news stories of 2019 did not receive the coverage one might expect from media outlets in the US or Europe. But the economic slowdown in China, and the potentially steep deceleration in growth in India, will most likely receive considerably more attention in 2020.