India suddenly not interested in the Chinese Investors!

New Delhi, 27th April: India has changed its Foreign Direct Investment (FDI) rules on 18 April and has decided to block Chinese Investments that has led to a mini earthquake in the Sino-Indian investment corridor. “If India doesn’t want Chinese money,’’ said the executive of a venture capital fund in Beijing, “then more money will go to another country.” The Chinese businessman has already had other options in mind for business ventures. India has blocked the automatic route for investments from nations that share a land border to prevent “opportunistic takeovers/acquisitions” of vulnerable Indian companies as stock markets plunge during … Continue reading India suddenly not interested in the Chinese Investors!