In the late 1990s and early 2000s, the economies of China and India grew rapidly, both with an average annual growth rate of more than 8%.
ɪnðə lˈeɪt nˈaɪntiːnhˈʌndɹɪd nˈaɪnti z ænd ˈɜːli tˈuː θˈaʊzənd z, ðɪ ɪkˈɑːnəmiz ʌv tʃˈaɪnə ænd ˈɪndiə ɡɹˈuː ɹˈæpɪdli, bˈoʊθ wɪð ɐn ˈævɹɪdʒ ˈænjuːəl ɡɹˈoʊθ ɹˈeɪt ʌv mˈoːɹ ðɐn ˈeɪt pɚsˈɛnt.