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Analysis in East Asia Forum: India’s investment reforms keep China at arm’s length
In March 2026, India eased investment restrictions imposed in 2020, allowing some non-controlling investments linked to countries sharing a land border with India to proceed without prior government approval. While the change will benefit some Chinese investors, it is driven more by a desire to unblock global capital than by any strategic opening to China. Enduring political mistrust, trade imbalances and wider geopolitical pressures will continue to limit any deeper economic
Jul 41 min read
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