China India covid-19 pandemic Government crisis China India

Why falling for anti-China mood could hurt trade

Reading now: 459
www.livemint.com

Global backlash against China could tempt India too—but trade and investment are essential to see off the economic crisis The covid-19 pandemic has earned China the ire of quite a few countries.

India has not yet complained openly, but the deep-rooted mistrust towards the giant neighbour has been intensifying nonetheless.

The focus may be on the military skirmishes in Ladakh, but the trade screws are at work too: India has been tightening investment norms for China.

Just last month, India mandated government approval for foreign direct investment (FDI) from countries with which it shares land borders.

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