looking beyond borders

foreign policy and global economy

India Toughens Rules On Investments From Neighbours, Seen Aimed At China

India has stepped up scrutiny of investments from companies based in neighbouring countries, in what is widely seen as a move to stave off takeovers by Chinese firms during the coronavirus outbreak. India’s trade ministry said in a notification dated April 17 the changes to federal rules on investment were meant to curb “opportunistic takeovers/acquisitions”. It did not mention China.

Read Here – Reuters

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