India had revised its FDI policy in a bid to check Chinese investments in India. (Representative image)
NEW DELHI: China on Wednesday expressed its “deep concern” over the recent foreign direct investment (FDI) policy changes initiated by the government, alleging that it curbs takeovers and acquisitions of Indian companies.
In April, India had decided to review every FDI proposal from a neighbouring country, a move that was targeted at Chinese investment in India.
The statement came during India’s trade policy review at the World Trade Organization (WTO), where the US and the European Union flagged trade barriers, especially recent increase in import duties, as key concerns, sources said.