Days after China stalled India’s bid to ban Jaish-e-Mohammed chief Maulana Masood Azhar, the Indian security establishment is considering a review of the liberalised investment regime being offered to
Days after China stalled India’s bid to ban Jaish-e-Mohammed chief Maulana Masood Azhar, the Indian security establishment is considering a review of the liberalised investment regime being offered to Chinese investors.
Government sources indicated New Delhi is miffed with Beijing blocking India’s latest bid to have JeM chief Masood Azhar designated a terrorist by the United Nations. The government is also understood to be considering all options on raising the issue diplomatically with China directly, including the option of summoning the Chinese ambassador in New Delhi and registering a protest. A decision on this could be taken very soon.
The ostensible reason for the fresh move to review the liberalised security clearance for Chinese investors is the lax response to the liberalised visa regime. Investment from China, once considered “a country of concern”, has been offered a red-carpet welcome by the government to boost bilateral relations, especially after PM Narendra Modi and Union home minister Rajnath Singh had visited that country.
