To Stay or To Go: Decoding Chinese Enterprises’ ‘India Dilemma’
In recent years, India has become a hot investment destination for Chinese companies. While Chinese investments in India have come under greater scrutiny following the 2020 Galwan incident, this has done little to reverse Chinese enterprises’ strong appetite for the Indian market. At the same time, Beijing is increasingly concerned that in their rush to capitalise on the Indian market, Chinese companies are embracing the ‘Make in India’ pol