Tag: Free Trade
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China reacts to India’s new FDI policy rules, calling it ‘discriminatory and against WTO norms’
On April 18, India curbed the Foreign direct investments (FDI) regulations to forestall acquisitions of Indian companies or opportunistic takeovers during the economic slowdown. The move was sharply criticized by China on April 20, stating that India’s new FDI rules are a violation of WTO rules and against the free trade norms. The Center revised ...