India changes FDI policy to block threat of takeovers: Chinese Money
The government has announced stringent restrictions on foreign direct investments (FDIs) from countries sharing land borders with India, especially the recent episode by Chinese companies functioning in India . The sources said, within China, the Chinese private sector, and particularly tech firms, work closely with the government and the Communist Party in pursuing many of its goals at home. It is quite obvious true that more Chinese companies investing in India ,as India attempts to gain market access in China for its information technology, agricultural and pharmaceutical industries have hit a wall for over a decade. As per the sources, actual Chinese investment in India is at least three to four times higher than the official Indian figure. With this China has emerged as one of the fastest-growing sources of Foreign Direct Investment (FDI) into India . Indian statistics could record, those are the direct investments came from mainland C...