Can India Challenge China for Leadership of the 'Global South'?

For more than a decade, China has courted developing countries frustrated with the West. Beijing's rise from poverty was a source of inspiration. And as it challenged the postwar order, especially with its global focus on development through trade, loans and infrastructure projects, it sent billions of much-needed dollars to poor nations. But now, China is facing competition from another Asian giant in the contest to lead what has come to be called the "global south." A newly confident India is presenting itself as a different kind of leader for developing countries — one that is big, important and better…