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China Daily / 2024-08 / 01 / Page011

Chinese FDI seen as vital for Indians

By APARAJIT CHAKRABORTY in New Delhi and XU WEIWEI in Hong Kong | China Daily | Updated: 2024-08-01 00:00
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Inflow from Beijing can boost exports, bring benefits to both neighbors: Experts

The renewed inflow of Chinese foreign direct investment will be very positive for India, said experts after senior officials expressed recently that they welcomed fresh Chinese investments, given China's key role in the global supply chains and the benefits such investments can bring to both neighbors.

"India should invite Chinese investment; it will be a win-win for both India and China," said Sudheendra Kulkarni, who founded the Forum for a New South Asia, which promotes cooperation between India, Pakistan and China.

After imposing curbs on Chinese investment for years, Indian Finance Minister Nirmala Sitharaman last week backed her chief economic adviser's suggestion to reopen India's door for Chinese investment.

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