China city Beijing India covid-19 pandemic crisis prevention China city Beijing India

India's FDI moves in corona times show nation warier of Chinese designs

Reading now: 354
www.livemint.com

NEW DELHI: India’s tweaking of its rules foreign direct investment (FDI) rules to prevent Chinese companies from taking over Indian firms whose market values have dipped due to covid-19 related uncertainties is a firm message to China that New Delhi will take steps to protect its core interests while managing ties with Beijing, say analysts.

This is despite the steps taken by both sides in the past two years to stabilize ties rocked by a tense military standoff in 2017, they say.

Ties will continue to be complex and challenging, especially in a world roiled by the novel coronavirus pandemic with New Delhi having to recalibrate its calculations vis a vis its northern neighbor, they add.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA