India set to clear some new investment proposals from China

NEW DELHI (REUTERS) – India is poised to clear some new investment proposals from China in the coming weeks as frosty relations between the two neighbouring countries thaw amid an easing in border tensions, said three government officials with knowledge of the matter. Last week, India and China began disengagement from the Pangong Tso area, in the Ladakh region of the western Himalayas, following a nearly nine-month-long stand-off after the worst clash between the neighbouring countries since 1962. At the height of the tensions, India framed various policies targeting China, including blocking the nation from participating in government tenders, compelling…