Border de-escalation may prod India to reverse some retaliatory economic steps against China
Restrictions on foreign direct investment (FDI) by Chinese companies may be reviewed, sources reveal. Lakshman Roy February 15, 2021 / 04:04 PM IST
An Indian Air Force s Chinook helicopter carries supplies from a forward airbase in Leh (Image: Reuters/Danish Siddiqui)
India may ease some restrictions for Chinese investment in the country without compromising national interest or hurting local enterprise, as the border tension that flared up in 2020 has started improving, sources said.
The matter has been discussed at the level of the cabinet secretary and ministries of finance, home, and commerce and industry, they said.