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Could New Delhi's recalibrated policy on Chinese capital hurt India? The devil is in the details

By Economic Times - 2 months ago
India has approved investment proposals from certain Chinese electronics manufacturing companies, suggesting a shift in its economic stance towards China. After military tensions and economic restrictions post-Galwan, India had limited Chinese investments. However, with concerns over economic losses and job creation, the government is now scrutinizing and allowing select investments, especially those that involve technology transfer and local manufacturing capabilities. The move highlights the need to balance economic growth and national security in India's dealings with China.

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