Dynamics of India-China economic relations continue to be extremely complex and intertwined
As per Economic Survey, India may gain more by “replacing some well-chosen imports with investments from China” helping boost Indian manufacturing
Chief Economic Adviser (CEA) tacitly endorse an industry plea to review restrictions on investment flows from China that had been announced by the Centre in 2020
India’s policy choices on economic ties with China offered no easy options
To benefit from the China plus one strategy
India to benefit from the world’s China plus one strategy, it could consider either integrating into China’s supply chain or promote FDI from its neighbour.
FDI from China appeared more advantageous than relying on imports in light of the widening bilateral trade deficit.
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