Chinese Investment

China's growing influence in Africa is boosting its popularity, securing access to critical minerals, and investing in EV battery production, outpacing Western rivals in the resource race

Ant Group is expected to offload its remaining 5.84% stake in Paytm worth $434 million, marking a potential exit from the fintech firm. The deal comes amid growing regulatory concerns

Currently, all investment by Chinese entities in Indian companies need to gain a security clearance from both India's home and foreign ministries

Trump asked to use "all necessary legal instruments" to bar Chinese affiliates from investing in US technology, critical infrastructure, health care, agriculture, energy, raw materials

A review of the nearly five-year old restrictions on Chinese investments into India is unlikely in the near future, a senior official said on Tuesday. Chief Economic Advisor V Anantha Nageswaran said both countries have to understand the importance of mutual dependence and mutual benefits. "I don't think it is something you would expect to see immediate results because both sides are crossing the river by feeling the stones, so to speak," Nageswaran said, replying to a specific question on whether any changes are afoot. It can be noted that following violent clashes between Indian and Chinese soldiers in Galwan valley in 2020, the Indian government introduced measures restricting investments from countries sharing a land border with India that was taken to be an attempt to restrict Chinese play. Speaking at the IVCA event here, Nageswaran did acknowledge that both countries have been engaged in a conversation on the trade imbalances, probably drawing from the parleys on various iss

A lot has changed. Both nations are more than a little concerned about how they will revive slowing growth

The latest Economic Survey said, India has to find the right balance between importing goods from China and importing capital (FDI) from China

High cost of doing business and geopolitics limit opportunities

The probe is reportedly part of a larger investigation by the MCA into around 700 companies that have received investments from Chinese firms

With plans to open in Gujarat, proposal includes building an export-oriented, integrated manufacture hub for assembled cars - known as completely built-up units, engines and car batteries

European Union has suggested India devise its own mechanism instead of paying carbon tax for imports, says Commerce Minister

Commerce and Industry Minister Piyush Goyal on Tuesday said there is no rethinking in the government to support foreign direct investments (FDI) from China as was pitched by the Economic Survey recently. He said it was a report that always speaks about new ideas and gives out their own thinking. The Survey, he said, is not at all binding on the government and there is no thinking on supporting Chinese investments in the country. "There is no rethinking at present to support Chinese investments in the country," the minister told reporters here. In 2020, the government made its approval mandatory for FDI from countries that share landed border with India. Countries which share land borders with India are China, Bangladesh, Pakistan, Bhutan, Nepal, Myanmar, and Afghanistan. The minister was responding on a pitch made by the pre-Budget Economic Survey on July 22 for seeking FDI from China to boost local manufacturing and tap the export market. As the US and Europe are shifting their

Cambodia on Thursday inaugurated its newest and biggest airport, a Chinese-financed project meant to serve as an upgraded gateway to the country's major tourist attraction, the centuries-old Angkor Wat temple complex in the northwestern province of Siem Reap. The Siem Reap-Angkor International Airport is located on 700 hectares (1,730 acres) of land about 40 kilometers (25 miles) east of Angkor Wat and boasts a 3,600-metre long runway. It can handle 7 million passengers a year, with plans to augment it to handle 12 million passengers annually from 2040. The airport began operations October 16, with the first flight to land coming from neighbouring Thailand. The old airport it replaces was about 5 kilometres from the famous tourist site. Thursday's inauguration was presided over by Prime Minister Hun Manet, Chinese Ambassador to Cambodia Wang Wentian, the governor of China's Yunnan province, Wang Yubo, and other officials. Speaking at the ceremony, Hun Manet said the old airport was

Why are Chinese cos under scrutiny in India? What to expect from Business Standard BFSI Insight Summit? What are markets expecting from RIL's Q2 results? What is the Rohini Commission? Answers here

Chandrasekhar also said that the tightening of foreign investments did not target China and it applied to other neighbouring countries as well

A small policy relaxation outside the rubric of Press Note 3 is designed to help global and domestic electronics manufacturing build a local supply chain ecosystem

Permission for Apple's suppliers raises questions

The Taiwanese government has said it will fine Apple supplier Foxconn for an unauthorized investment from China even after the company agreed to sell its stake to another Chinese company

South Dakota Gov. Kristi Noem on Thursday called for an immediate review of the state's investments to determine if it has stakes in Chinese companies, stepping up her rhetoric against the ascendant Asian economic giant that has also emerged as a powerful rival to the United States. The Republican governor has taken aim at the state's ties to China and claimed that they pose a national security threat. Last week, she banned the popular video-sharing platform TikTok, which is owned by Chinese company ByteDance, from being used on state-owned devices. Noem has become increasingly comfortable using her position as governor of a rural state to wade into national and now international issues. With executive orders and statements that cater to conservative media headlines, she has made it clear that her political ambitions lie beyond South Dakota. She is seen as a potential contender for the Republican nomination for the 2024 White House. On Thursday, her office issued a statement sayin

While China has so far maintained a conspicuous silence on the dramatic fall of Sri Lanka's pro-Beijing Rajapaksa brothers, some impact and repercussion will be there in coming days, say experts