NEW DELHI: It’s being called PLA scan. A number of Chinese companies that are present in India, as well as some foreign companies with investments from across the border, are under the scanner for alleged links with the People’s Liberation Army (PLA) as the Centre presses ahead with its plan to prune China’s involvement in the economy, reports Sidhartha.
While the new rules on beneficial ownership for FDI approvals is expected to help track investors better, fresh investment into these companies, including start-ups with Chinese funds, will be scrutinised in detail to ensure that they do
Chinese companies in India under government lens over ‘links’ with PLA
Byindianadmin
Jul 19, 2020