Covid-19 and Global Politics: How is India stopping China from FDI?

Covid-19 and Global Politics: How is India stopping China from FDI?

In the midst of the new corona virus epidemic, when a Chinese bank bought a 1.01 percent stake in an Indian company, the Indian government became very worried. Now India has changed its foreign direct investment policy. So that Chinese companies cannot increase their stake in India's business institutions. As expected, China's decision to change India's FDI policy has been discriminatory. The Chinese Embassy in India said that China's investments in India always encourage industrial development of India. Chinese Embassy spokesman Ji Rong, through a tweet, urged the Indian government to "change this discriminatory practice in trade and work to promote a fair, transparent and equal opportunity business environment". Covid-19 created an atmosphere against China in India According to the new rules of foreign direct investment made by the Government of India, the countries whose land borders meet with India, if they invest in any business or company of India, the…