Chinese investors bet big on India, internet giants pour funds into digital startups
The drought is turning into a deluge. For years, Chinese investment in India remained a trickle — $1.2 billion between 2000 and September 2015, which was only 0.47% of the total foreign direct investment inflow. While China became India’s largest trading partner in 2008, investment flow from the country remained hostage to national security concerns.
That looks set to change significantly given the spate of announcements in the last few weeks. Wanda, China’s largest commercial real estate developer, announced investment worth $10 billion in Haryana. SAIC Motor, China’s largest carmaker, proposes to buy GM’s Gujarat facility. About 100 small and medium Chinese enterprises have promised investments worth $1 billion.
Slowly but steadily – its happening.
Jai Hind! Haters can eat sh1t and die.
China investing in India is not any good news, we know the intension if china and we have seen hindi chini bhai bhai. First during trade they dumped all cheap goods to India and forced the shut Indian industry and now they are setting up business to drain more money out of Indian economy.
China economy is shrinking manufacturing is slowing down and joblessness on rise. India is only developing country consistently growing and continue to perform well. Hence rich Chinese want to invest here to come out of recession like situation in their country.
Improve roads, water and basic amenities and eradicate corruption…..many problems will get resolved in the country
Let us be on the guard and see that no exploitation takes place by such investments.
This huge investment coming in India , is the direct result of goodwill created by Modi.Bur alas what the foreign investors saw in Modi , is not good in the eyes of congress who goes on harping complaints about Modi.If congress has left any patriotism, they should join their hands instead of shouting mis deeds of Modi.
instead we can invite Japan and Tiewan to investment As these nation are technology gient and against chinese
If we need others so do they, it is mutual
Need to be careful of China’s investment… They can even steal personal information of individual…. Also Chinese products are of low quality….
Big talk as always Indians are famous for…. make in India? … LOL incredible India LOL. ..