Trade barriers hamper Sino-India ties
By Indrajit Basu in Kolkata | China Daily | Updated: 2014-09-22 07:09
Investment-friendly environment crucial to sustain long-term growth
Chinese investors said to be ready to pepper India with billions of dollars in investments are looking to the government for a little more investment-friendly environment, business experts say.
Despite rapidly rising levels of trade, direct investment between the two neighbors has been negligible. A report in the Times of India quoted the Chinese Consular Office in Mumbai as saying that Indian investments in Chinese companies have reached about $4 billion, while investments by Chinese firms in India amounted to just $1.1 billion.
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