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Date: 09/12/2024

FDI restrictions on China likely to continue

India will likely continue its current restrictions on foreign direct investment (FDI) flow from the country despite the thaw in India-China relations following the agreement to de-escalate tensions across the disputed border. Whatever is happening at the border is geopolitical. India has to protect industry and jobs. There is no change in the country’s approach towards the need to impose restrictions on China because it is not a transparent economy, as per a report.
 
source: Exim News Service: New Delhi, Dec. 8