05:30 India China warms up?The Chinese investment case will be loosened



According to short videos and photos released by the Indian military, the Chinese People's Liberation Army has retreated from the confrontation area on the China-India border in accordance with the withdrawal agreement announced by the two sides last week, showing that the ten-month Sino-Indian confrontation is expected to come to an end. The picture shows the withdrawal of Chinese tanks and troops from Ladakh.  (AFP)

According to short videos and photos released by the Indian military, the Chinese People’s Liberation Army has retreated from the confrontation area on the China-India border in accordance with the withdrawal agreement announced by the two sides last week, showing that the ten-month Sino-Indian confrontation is expected to come to an end. The picture shows the withdrawal of Chinese tanks and troops from Ladakh. (AFP)

2021/02/18 05:30

[Compiled by Zhang Peiyuan/Comprehensive Report]According to Indian media reports on the 17th, in early May last year, India and China, the worst border conflict in nearly 60 years, seemed to be gradually warming up in bilateral relations, except for the fact that Chinese troops had already come from the border according to the agreement. Withdrawal is akin to ending a ten-month standoff. It is said that the Indian government is also considering lifting the ban on Chinese companies in India in the near future. Indian officials have not yet responded to this.

The Indian media reported that according to five short videos and related photos released by the Indian Army, the Chinese People’s Liberation Army is retreating from the Kailash Ranges on the north and south shores of Pangong Tso in the eastern part of Ladakh, India, where China can be seen. The troops used their bare hands and used excavators to demolish the tents, military bunkers and temporary fortifications erected locally, as well as large vehicles and troops such as military trucks. A satellite image of the Bangong Lake on the 16th provided by the US space technology company Maxar Technologies can also show that the Chinese military camp that was still at the end of January has now been dismantled. An unnamed Indian official said that the Indian army also had the same retreat.

At the same time, the Economic Times of India quoted three unnamed officials as reporting on the 17th that India is preparing to unbind new Chinese investment cases in the next few weeks and will begin to approve some new investment cases, but only without national security. Sensitive areas. After last year’s border conflict, India imposed a number of bans against China, including banning Chinese apps, preventing Chinese investment from participating in government bidding cases, and requiring all Chinese investment to apply for review. This resulted in more than 150 Chinese companies worth more than US$2 billion. Capital investment cases are blocked, including the private Great Wall Motor Company’s acquisition of General Motors’ Indian plant.

Officials also revealed that the government is also considering allowing Chinese investment in specific areas to adopt an “automatic path” model that does not require detailed government scrutiny. An official added that when “countries bordering India” invest in India’s insensitive areas and hold no more than 20% of its shares, the relevant regulations of automatic channels must be restored.

The picture shows the withdrawal of Chinese troops from Ladakh.  (Associated Press)

The picture shows the withdrawal of Chinese troops from Ladakh. (Associated Press)



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