Crouching tiger upsets hidden dragon9 min read . Updated: 26 Apr 2020, 11:01 PM IST
- India’s decision to block Chinese investments has led to a mini earthquake in the Sino-Indian investment corridor
- Indian startups themselves covet Chinese funding, because it comes with real-time expertise on how to tweak their business models on a daily basis
MUMBAI : If India doesn’t want Chinese money,’’ said the executive of a venture capital fund in Beijing, “then more money will go to another country." The pragmatic, young Chinese man, experienced in doing business in India, already had alternative investment destinations in mind as we spoke online. New Delhi had changed its foreign direct investment (FDI) rules on 18 April, setting off alarms in Beijing.
Select your Category