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Significance
Between April 2000 and March 2024, China accounted for less than 0.4% of India’s FDI equity inflows. India-China ties remain under strain because of a border stand-off in the western Himalayas, now into its fifth year. Delhi has frequently ruled out normalisation until the situation is resolved.
Impacts
Reducing its trade deficit with China will remain a top priority for India.
India will draw closer to the United States, Japan and Australia, its partners in the Quad.
Delhi-Beijing competition for regional influence will intensify.
Keywords:
India,
China,
AP,
Australia,
Bangladesh,
Europe,
Japan,
Kazakhstan,
Laos,
Pakistan,
Russia,
United States,
INDIA/CHINA,
economy,
industry,
international relations,
politics,
border conflict,
fiscal,
foreign investment,
foreign policy,
foreign trade,
government,
investment,
manufacturing,
policy,
regulation,
talks,
nationality,
regional,
summit,
automobile,
electronics,
equities,
Manufacturing & Logistics
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2024
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