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To Uncle Sam’s Dismay, India and China are burying the Hatchet.
10 months ago
187
In a significant geopolitical shift, India is reconsidering its stance on Chinese investments. Finance Minister Nirmala Sitharaman has backed a proposal to resume direct investments from China, aiming to boost India's exports by integrating with Chinese supply chains, following strategies successful in East Asia.
Chief Economic Adviser V Anantha Nageswaran highlighted that focusing on FDI from China could enhance India's exports to the US. This move comes amid recent geopolitical developments, including Russian President Vladimir Putin's visit to New Delhi, where Prime Minister Modi sought assistance in resolving India's border disputes with China.
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