ATAMNIRBHAR BHARAT ON CHINESE MONEY. DISENGAGEMENT IS STILL NOT OVER & RED CARPET IS BEING ROLLED OUT FOR THE CHINESE. THE DEAL SEEMS TO HAVE HAPPENED ELSEWHERE TIMOTHY! After 9-month freeze, Centre starts clearing China FDI plans via @timesofindia
China on Wednesday expressed its “deep concern” over the recent foreign direct investment (FDI) policy changes initiated by the government, alleging that it curbs takeovers and acquisitions of Indian companies. In April, India had decided to review every FDI proposal from a neighbouring country, a
After FDI, the govt is looking to clamp down on unbridled access to the Indian market by Chinese portfolio investors as it seeks to plug a possible loophole that investors from across the border can use to acquire shares in listed domestic companies. India is looking at the possibility of mandating
A day after China’s outburst over the change in foreign direct investment policy, India on Tuesday hit back at its neighbour, saying the amendment did not violate any global commitment as it did not bar investments from across the border but only mandated prior screening of proposals.