
Not possible to fully block Chinese firms: officials
Why is it in news?
- According to the official statement, it is not possible to fully decouple the trend due to the substantial investments by Chinese companies in India.
- The statement comes despite the uproar against the use of Chinese products amid the border stand-off in eastern Ladakh.
Details:
- Intelligence assessments have cautioned on the direct and indirect links many companies have with the People’s Liberation Army (PLA).
- While some measures can be taken, several Chinese investments are quite substantive.
- It is not possible to fully block Chinese investments in India.