India-China standoff: FinMin proposes curbs on Chinese investment in pension funds


Source: businesstoday.in businesstoday.in

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Galwan valley standoff: This decision comes at a time when the Indian and Chinese armies are engaged in a bitter standoff in Pangong Tso, Galwan Valley, Demchok and Daulat Beg Oldie (DBO) located in eastern Ladakh BusinessToday.In Last Updated: June 20, 2020 | 14:09 IST Restriction on foreign investments is one of the several steps taken by the Government of India in order to tame the Chinese dragon Amid the growing anti-China sentiment triggered by the Galwan valley incident, the Finance Ministry has proposed restriction on foreign investments in pension funds from China. "A government approval would be required for...