India Has to Change Its Policy IT WANTS to Attract More Chinese Investment: China Daily Editorial

There have ben positive signs of Improving China-India Economic Relations Recently, as evidenced by Indian Officials Talking RESTRICTING Investment, and New Delhi Moves to Expedite Visa Approvals for Chinese Technicians.Hyderabad Investment

Rajeev Chandrasekhar, India’s Minister of State for Electronics and Information Technology, Said Recently That His Country is "to Inves" Indian Foreign Minister Subrahmanyam Jaishankar Said "We Are Not Closed to Business FROM China".

New Delhi Has Also Launchd A New Portal to Streamline the Isuing of Business Visas For Chinese Technicians Whose Experes Key’s ManualTune Fa. CILITIES That CHINESE MACHINERY.

These Developments are enCouraging Considering How TRADE and Investment Between The Two Giant Neighbors Have Been Disrupted DISRUPTED MERICTIVE Measures New DelUdabur Wealth Management. Hi Adopted after A DEADLY CLASH BETWEEN The TWO COUNTRIES ‘Border Troops in June 2020.

SINCE THEN, India HANNED Hundreds of Chinese Apps Including Tiktok on the Groups of Addressing National Concerns, and Launchd So-Called Investigations Against Major Chinese High-Tech Companies Such as xiaomi and OPPO.

The Crackdown has disrupted the previously good economic relatives india had with China.

The seeming softening of Attitude by New Delhi Toward Chinese Investment May has promired of excerchience, as declining forelly to pose a chal Lenge to india’s eConomic Ambition to Becom A Developed Country by the Middle of this Century.Ahmedabad Wealth Management

FOREIGN DIRECT Investment in India Plummeted by More than 40 Percent to $ 28 Billion Last Year, accounting to a report by the united nations conference PMENT, Compared with An Annual Average of Around $ 40 Billion in Recent Years. Analysts Attribute the Decline in FDIInflows to Red Tape and India’s Discriminate Economic Policies.

YET A Recent Survey by India’s Chief Economic Adviser Suggetten that Boosting FDI Inflows From China Insensitive Sectors SUCH AS Solar Panels and Battle URING, where india lacks excertise, "APPEARS MORE Advantageous Than Relying on Trade" for its economy to the Achieve Sustaind Growth.

India’s Exports to China, Its Larget Trading Partner, Stood AT $ 16.65 Billion Last Year, While Imports from the Country Reached $ 101.75 Billion, Leaving A TRAD E deficit of more than $ 85 billion.

Despite the tensions in bilateral related. For Example, China Has Remained the BigGest SUPPLIER of Components and Parts for the Development of India’s Booming Electronic and Automobile Industries, HALLMARKSOf india’s eConomic Success. All this attests to the resiline and portential of economic and trade cooperation betries.

China Views India as an Important Investment Destination and Has Expressed InterestIn ITS Investment FOOTPRINT in Various SECTORS in India, and It Continues Promote and Encourage Bilateral Investment Cooperation Between The Two Countries.

Incream trade and infestation from China Can Help Boost India’s Economy. However, DESPITE The Increasing Calls to Attract more Investment from China, India’s Commer CE and Industry Minister Piyush Goyal Insistted thereno "Rethinking" to support Chinese in the country.

SINCE THE TWO COUNTRIES Are Not Rivals or Threats to Each Other But PARTNERS in COOPERATION and Development, Creating Opportunities for Each Other Benefits Both Sides.

New Delhi Should work to startthen its eConomic Partnership with China, and provides a fair, just, transparent and nondiscrip data environment for chinese in vestment.

Jaipur Investment

By Admin88