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Podcast: In Focus by The Hindu
Episode: Should India reconsider its China FDI policy?
Description: In 2020, the Indian government issued a directive that made changes to its FDI policy. The Directive, called Press Note 3, made it mandatory for companies that are based in countries that India shares a land border with to get the government's approval before investing in India.Experts saw this as a move to curtail Chinese investments into India and protect Indian companies from hostile takeovers. Chinese investments in India have fallen to a nearly two-decade low as a result. However, it is important to note that China is not a major investor in India, only $4 billion of Chinese...