With the global economy still in the recovery ward, Asia's economic "giants" are under examination as among the few exciting sources of world trade and growth. With a gathering momentum towards South-South trade, economic linkages between China and India have also intensified. A lively debate is taking place on the ability of the giants' economic strategies to sustain rapid economic performance and stimulate world growth. Drawing on his recent East-West Center publication on this topic, Dr. Ganeshan Wignaraja will look at reforms, regionalism and trade among these major players. Dr. Wignaraja will be joined by Dr. Ellen Frost of the Peterson Institute for International Economics in a discussion that will address a number of questions, including: what role have history and reforms played in the economic success of China and India, whether the giants' recent emphasis on free trade agreements (FTAs) is worthwhile, and whether the United States should prepare for a multipolar world.