India, China may build new framework for investments

Synopsis India and China are exploring new frameworks for business exchanges and investments. Beijing may unveil an investment package for India during President Xi Jinping’s visit. This includes a special economic zone with easier sea route access. Efforts are underway to ease approval processes for Chinese investments in non-strategic sectors. Both nations aim to improve overall ties and manage differences after a freeze. New Delhi: India and China are exploring a new framework to facilitate business-to-business exchanges and Chinese investments, with a focus on accelerated capital flow, as the neighbours cautiously move to rekindle commercial ties amid a broader thawing…