“…Over last two decades, from 1989 to 2013, the People's Republic of China had an average growth rate of 9.8% per annum. Similarly, India's annual average growth rate was 9% from 2003 to 2007, and Indonesia has had a 6% annual average growth rate since 2006 (Bag & Gupta, 2012;Chotikapanich, Griffiths, & Karunarathne, 2014;Felipe, Lanzafame, & Zhuang, 2014;Nagaraj, 2013). China has the second largest economy in the world, and India has the fifth largest economy in the world as well as the fourth largest market in the world.…”