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Indian Economy

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INDIA OFFICIALLY BARS AUTOMATIC CHINESE FDI IN THE COUNTRY

Published On 20 Apr 2020 03:54 PM


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Highlights:

  • India, to safeguard Chinese takeover of Indian firms bans automatic FDI from China
  • This ensures that no Chinese investment enters India through linkages or through countries like Singapore, Hong Kong

The Indian Department for Promotion of Industry and Internal trade announced its decision on Saturday to fence any automatic investment from the countries it shares its land borders with. ....


Tags : No Chinese FDI, India bans automatic Chinese investments, Indian FDI police change, Chinese business domination,
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