PM Modi has sought to incentivise manufacturing in India through PLI schemes, but the components have come mainly from China, with Indian companies only engaged in assembling.
Modi govt ramped up scrutiny of Chinese businesses after a 2020 border clash between the two countries, banning more than 300 Chinese apps, including TikTok.
CCP-controlled China Investment Corporation replaced Norway’s SWF as the world’s largest sovereign wealth fund. While the latter reported a loss in 2022, CIC has reported a profitable return.
Researchers from US and Germany examined 100 debt contracts between Chinese state-owned entities and govt borrowers in 24 countries to give an insight into how China lends. Edited excerpt.
China is certainly an awkward bedfellow for the EU. But the US cannot set itself up as a moral arbiter after a year of social unrest and a very messy election.
Although it doesn't need new capital and its population isn't open to an influx of overseas professionals, Singapore will be relieved with the promise of jobs and a boost to business.
Modi govt has been working on a multi-pronged strategy since walking out of RCEP last year. LAC incident has only pushed the process, says top official.
New FDI rules mean that an American company can invest in India without placing its proposal before the government but a Chinese company can’t do the same.
From $1.6 billion in 2014, investment from China — mostly by state-controlled private firms now — has likely crossed $26 billion. What does it mean for India’s trade strategy and security?
No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.
Till the diplomatic relationship improves, the economic engagement should be placed in a separate silo. Trade, investment, tourism. Cutting off access to such an immense economy, deeply integrated with the rest of the world, would be an act of self harm.
Till the diplomatic relationship improves, the economic engagement should be placed in a separate silo. Trade, investment, tourism. Cutting off access to such an immense economy, deeply integrated with the rest of the world, would be an act of self harm.