A deterioration in bilateral ties since the border clash in June, could further delay approvals, say industry officials

A deterioration in bilateral ties since the border clash in June, could further delay approvals, say industry officials
  | Photo Credit:
REUTERS


Scrutiny part of norms to curb opportunistic takeovers amid COVID-19 crisis

The Centre is reviewing about 50 investment proposals involving Chinese companies under a new screening policy, three sources familiar with the matter told Reuters.

Under new rules announced in April, all investments by entities based in neighbouring countries need to be approved by the Government, whether for new or additional funding. China is the biggest of these investors and the rules drew criticism from Chinese investors and Beijing, which called t