10 months in, confusion over the China FDI ban persists
Why read this story?
Editor's note: News has been doing the rounds that ties between India and China have either already improved or are in the process of improving. Early last week, the government of India said that it had begun granting investment approvals on a case-to-case basis. Last year in April, the government had summarily banned all foreign direct investment, or FDI, from China after border tensions escalated between the two countries. From The Times of India: “The sources made it clear that the large proposals would be taken up later after a careful analysis of the situation. To help smoothen the process, the government has also set up a coordination committee comprising officers from the ministries of home, external affairs, commerce & industry and Niti Aayog, which looks at these issues.” This week, The Economic Times reported that the government is expected to allow investments only in critical sectors where local investment is either minimal or negligible. To quote from the piece: “This is part of a three-pronged standard operating guideline the administrative ministries will follow for vetting Chinese investments in India. The other …
More in Business
You may also like
What China’s recent Middle East tour says about their ties
China’s expanding influence in the GCC region comes with its own set of opportunities—and constraints shaped by America’s influence in the Gulf.
Annus horribilis: 2025 was the year India learned it wasn't indispensable
It is the logical consequence of foreign policy built on a decade of illusion rather than the realities of power. The question is whether anyone in the government has the courage to admit it.
Bira shareholders plan an EGM to oust the founder
A management shakeup may be in the works at the beleaguered beer brand, as investors and lenders want to remove founder Ankur Jain and his family from the board.
