Partner and Head – China Desk, Mr. Santosh Pai shares his expert views with Forbes in the story “Why Does India Have One Wary Eye On Investments From China?”
4/30/2020 0:00 News & Articles
On April 18, the Indian government amended its foreign direct investment policy, adding the crucial rider that investments from countries that share a border with India will henceforth need government approval, in a move widely considered to be an effort to rein in any potential takeovers from China.
Santosh Pai, Partner at Link Legal India Law Services and handles his firm’s more than 200 Chinese clients, says “this is a very tense time” for his clients and “sentiments are hurt.” But in the long run because of this “maybe the bottom feeders will leave India, and in one way that’s a good thing.”
To read full content of the story click here.
On April 18, the Indian government amended its foreign direct investment policy, adding the crucial rider that investments from countries that share a border with India will henceforth need government approval, in a move widely considered to be an effort to rein in any potential takeovers from China.
Santosh Pai, Partner at Link Legal India Law Services and handles his firm’s more than 200 Chinese clients, says “this is a very tense time” for his clients and “sentiments are hurt.” But in the long run because of this “maybe the bottom feeders will leave India, and in one way that’s a good thing.”
To read full content of the story click here.
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