Will the growth story of China and India continue?

The Asian tigers China and India grown in the past five years more than 7 percent in GDP. It was said they are going to rule the financial world for another 20 years. But post 2008, the GDPs of these countries started climbing down and for the financial year 2012-2013, both the countries have lowered their growth. If this happens for the next three years, then their growth would as equal as other countries. Will this growth would continue.

From Stock market's perspective, China's Shanghai share index never reached the 2008 high ever after 4 years. In fact, China Index has under performed for the past 4 years when compared to other world indices. For Indian Stock Index, it has come close to 2008 high, but it has not crossed it. In 2011, it has seen a decline from the top.  

For a Economy to grow, the Stock Indices should grow. If it fails to do so, then the Economy would shrink. The GDP growth would not continue. Going by these, it seems, both countries are unlikely to have growth of more 7 percent in coming years.