Despite Restrictions, China Wants To Invest More In India

| No Comments

The Times of India reported September 4, 2006, that Sun Yuxi, China's ambassador to India, "told a select group of journalists" that China wants to invest more in India, but "We are facing restrictions on investing here. We are facing difficulty in investing here."

Nevertheless, "China, particularly, plans to set up a steel factory in India in view of availability of large amount of iron ore in this country which it imports from here," The Times said.

For more, please see "China wants to beef up its India base."

Leave a comment