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India's new FDI policy is discriminatory and against free trade: China

India's move was attributed to the rising possibility of "opportunistic takeovers" of its companies by those in neighbouring nations, as the coronavirus pandemic wreaks havoc on the economy

Topics
FDI | India FDI | India FDI inflows

BS Web Team  |  New Delhi 



Xiamen: Chinese President Xi Jinping, left, and Indian Prime Minister Narendra Modi attend the group photo session at 2017 BRICS Summit in Xiamen, Fujian province in China, Monday, Sept. 4, 2017. AP/PTI
File photo of Chinese President Xi Jinping (left), and Indian Prime Minister Narendra Modi. India on April 18 mandated that investments from neighbouring countries would now require government approval. AP/PTI

India’s new policy on allowing investment from foreign countries go against international rules on free trade and investment, said China on Monday.

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First Published: Mon, April 20 2020. 13:46 IST

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