China’s FDI Proposals To Undergo Stern Scrutiny

New Delhi: The government plans to conduct more stringent reviews of some major investment proposals from Chinese companies to invest in India, which could delay the go-ahead for these ventures.

The decision comes in the backdrop of China’s support to Pakistan in the wake of the terrorist killings in Pahalgam and ‘Operation Sindoor’ that followed. China has been extending diplomatic support to Pakistan, in coordination with Turkey and Bangladesh, apart from providing military hardware that has been used against India.

The government is expected to intensify its scrutiny of Foreign Direct Investment (FDI) proposals and joint ventures backed by Chinese firms, according to IANS, which attributed it to an NDTV Profit report.