In the period from 1945 to 1975, many Asian nations saw their economies grow rapidly, such as Taiwan, Japan, South Korea, Thailand, Indonesia, and Malaysia. However, the World's largest countries, India and China would have to wait a very long time before they could begin to catch up with the West. China started in 1978 and India around 2003. Now what if they both had started in around 1950.
These would be the PODs for both countries
India: Rajaji, instead of Nehru, becomes PM. That would mean no License raj, it also means more aid from the US
China: The communists get defeated and the KMT implements land reform
If this were to occur, it would have big impacts. By 2000, instead of only 20% of the world population enjoying First World Living standards, it would be 60%.
It would mean quick endings to the wars in Vietnam and Korea. And the Soviet Union would be forced to face off against 3 capitalist superpowers instead of 1.