China Is India's Largest Trading Partner But New Delhi Will Not Lower Guard | Business Standard News
It's almost one year since the bitter Galwan valley clash between India and China took place. : After almost one year since the bitter Galwan valley clash between India and China took place, New Delhi has gradually started clearing the pending investment proposals from Beijing. While the small ticket foreign direct investment (FDI) proposals are being cleared in the initial stage, sources said that India is not opposed to Chinese FDI per se. "India has never banned Chinese FDI. The only change in the regulatory structure is the requirement of an approval from the authorities for Chinese companies to invest.
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