Media tycoon Rupert Murdoch says the ongoing metamorphosis of China and India from historic backwaters into economic powers will help reshape the world in the next few decades, the Associated Press reported.
The News Corp. chief on Sunday 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, Murdoch spoke of "the great transformation we've seen in the past few decades."
He said China and India were great countries whose people are only recently emerging from long histories of being "incarcerated by communism or caste."