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.