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  • Mon. Nov 4th, 2024

Let China invest. It gets us foreign policy take advantage of

Byindianadmin

Apr 26, 2020 #leverage, #policy

I have castigated the government for curbing Chinese financial investments in India. Critics accuse me of threatening national security by embracing unhindered entry of a superpower that is not-so-friendly, if not a straight-out enemy. Chinese business are not regular foreign investors since the Chinese federal government has big stakes in or total control of its corporations, so all Chinese financial investment is eventually political. The federal government fears China will take advantage of low stock market costs to take control of tactical markets and otherwise abuse its ownership.

Sorry, but in terms of foreign policy utilize, the fact is precisely the opposite. India can definitely list and restrict companies of tactical value from takeover by any immigrant. India ought to also guarantee that it does not lose information control– it has currently decreed (in spite of United States opposition) that foreign business will have to store data on Indian servers.

Topic to such safeguards, the more China invests in I

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