India stymies investment from Hong Kong as border row with China drags on

Amid a border stand off with China, the Indian government had tightened rules for foreign direct investment from all nations sharing a land border

India is subjecting foreign investment proposals from Hong Kong at par with China as part of a new policy that makes approval mandatory for plans from countries that share a land border, a person with the knowledge of the matter said.
 

Nearly 140 investment proposals valued at over $1.75 billion, mostly from China and Hong Kong -- China’s special administrative region -- have been put on hold pending scrutiny, the person said asking not to be identified citing rules on speaking to the media.

Amid a border stand off with China, the Indian government tightened rules for foreign direct investment