Years
China wants to move forward by handing over love brotherhood and friendship with India instead of more airs with India than before. On the other hand, its increasing trade deficit deficit with India is also disturbing him that India may not go beyond this conspiracy of China. Amidst all this, China is showing its eagerness to invest in India.
The matter has now moved so much about the tariff dispute of America and China, that China is now looking towards new options. In these options, India has emerged in front of China as usual. There are many reasons behind this. In recent times, there is a improvement in India and China relations since the Galwan Valley clashes. China wants to move forward by handing over love brotherhood and friendship with India instead of more airs with India than before. On the other hand, its increasing trade deficit deficit with India is also disturbing him that India may not go beyond this conspiracy of China. Amidst all this, China is showing its eagerness to invest in India.
There is another big game behind it. India wants to keep China’s investment restrained. At the same time, China wants India that India is a big market and it can expand its business in India. This is the reason that now many companies of China seem ready to adopt a more flexible attitude in India than before. Shanghai Highly is a very large compressor of China. The company has again started a joint venture conversation with Tata’s ownership Voltas. Two years ago, both these companies were scheduled to become a joint venture, with 60 % stake in the Chinese company. But the government did not approve. But now Shanghai Highle is now ready to have a minority stake. Which was not ready to accept at all earlier.
Understanding this, China is also taking a luxurious stand for India, understanding that it is under pressure. Not only this company, apart from this, Higher is also one of them. Higher is a big company in China and was first planning to sell 26 per cent of its share to an Indian company in India. It is now reported that Higher is ready to sell 51 to 55 percent of its business so that it can stay in India and increase investment. That is, Chinese companies seem to be ready to accept India’s terms. Whether it is minority stake or sharing technology. Experts of the Indian market believe that in fact, increasing pressure on China and India’s dress is bothering China. The way the trade deficit between India and India is increasing, India is really engaged in the brainstorm how it can reduce its dependence on China.
Other news
