India China Investment Deal: After Türkiye, now India is preparing to teach another friend of Pakistan to China. According to the report, after ‘Operation Sindoor’, Pakistan mostly used Türkiye and China weapons under stress with India. Now it is India’s turn to teach a lesson.
China -backed investment deal will be strict review
The news of delay in the ongoing investment deal with China in India is coming out. According to media reports, Prime Minister Modi’s government in the country is going to review at least 6-7 China-backed Investment Deal, which may delay the approval.
According to the report of NDTV Profit, the government can speed up the investigation of foreign investment proposals and joint enterprises on behalf of Chinese companies. All the proposals related to investment, now there may be a delay in getting approval for reviewing again. According to the information, China -backed joint ventures may have to pass under the strict compliance requirement in the current and coming times.
FDI banned from China in 2020
India had earlier banned foreign direct investment from China in April 2020, saying that all such proposals should be investigated and the government should be approved on the basis of this framework.
Explain that during this time, after the outbreak of Korona epidemics, India had made it mandatory to take government approval for foreign investment from countries that share land with them to prevent opportunistic acquisition of domestic companies. During that time, China was shocked by this step of India.
China supported Pakistan
Now the government has taken this new step at a time when China not only talked about standing with Pakistan as a true friend, but also reports that the missiles and air defense systems Pakistan used against India were also reported from China.
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