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By Chris Devonshire-Ellis
The past week, just before Chinese New Year, Dezan Shira & Associates held a Virtual Partners Meeting to assess the 2020 performance of the firm. As many readers will be aware, we handle foreign direct investment into Asia and have done since 1992. We also have offices throughout the region – we are, in many respects, a bell weather for the status and behavior of FDI into Asia. 2020 was of course in many ways an unusual year, however among many bright spots in the firm’s overall performance was a surprising element – the transactional volume of the foreign investment we handled going into the India market last year doubled. We knew that FDI into the country had been doing well, from the amount of client leads we had been servicing, but the actual dollar value was still a pleasant surprise. India has been badly hit by Covid -19, however is now fast coming out of the pandemic’s worst, and is poised to be a major global contributor to vaccine productio
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