India has tightened scrutiny of Chinese investments and businesses in the country after a deadly border clash between the two countries in eastern Ladakh in 2020.
Direct investment from China fell 22% to €7.9 billion in 2022, according to a report published Tuesday by the Berlin-based Mercator Institute for China Studies and New York-based Rhodium Group.
There may be no dearth of political will for the decoupling but dropping old habits is easier said than done, as India and the wider world are realising