NEW DELHI: The Centre is in no rush to approve investments from neighbouring countries, despite a rising backlog of proposals worth over Rs 12,000 crore from China.

“There are hardly any fresh investments, most of it is incremental,” said a government official. A number of startups, ranging from Paytm to Zomato and Udaan, have investors with Chinese parentage and fresh flows face scrutiny.

The tense border standoff<\/a> with China had prompted the Centre to clamp down on investments from neighbouring countries by insisting on approvals even if the sector was on the so-called automatic route. The mood within the government is against any hurry in putting in place the guidelines to define what constitutes “significant beneficial ownership” or issue other clarifications. Officials said any review would be dependent on how relations pan out in the next few months.

\"\"
<\/span><\/figcaption><\/figure>
China is obviously getting restless and has flagged the issue of screening all
FDI<\/a> proposals even at the World Trade Organization<\/a> (WTO). The government has hit back at Beijing<\/a> in multiple ways, including a ban on several mobile apps, clamping on popular ones such as TikTok, and customs checks of goods being imported from across the border<\/a>.

The
FDI<\/a> check, however, pre-dates the tension on the Ladakh border<\/a> and came in the wake of the Covid-19 outbreak, which was first spotted in Wuhan. Several other countries have imposed checks on Chinese investments.

In April, the government had made changes in the FDI
policy<\/a> to scan all investments from neighbouring countries with an eye on Chinese inflows that had begun to dominate a raft of sectors, particularly those linked to the technology sector.

Officials said the proposals that are pending approvals cut across sectors from power to telecom to electronics and the financial sector.

However, there is a section within the government, which is of the view that the Centre must adopt tough measures against China against the backdrop of the border standoff but must ensure that critical investments are not disturbed.

As a result, the move to put checks on Chinese investments via the overseas portfolio route has not materialised, with the
finance ministry<\/a> seen to be against the plan. In fact, it was not particularly keen on FDI curbs either, but the home ministry<\/a> had its way, given repeated concerns expressed by several agencies.
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中国投资价值12000卢比等待点头

中国显然是越来越不安分的标记筛选所有的外国直接投资的问题建议即使在世界贸易组织(WTO)。政府反击以多种方式在北京,包括禁止几个移动应用,夹紧TikTok等受欢迎的,和海关检查货物从边境进口。

Surojit古普塔 Sidhartha
  • 更新2021年1月16日12:39点坚持
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新德里:不急于中心批准的投资从邻近国家,尽管越来越积压的建议从中国超过12000卢比。

“几乎没有新的投资,大部分是增量,”一名政府官员说。许多创业公司,从Paytm Zomato Udaan,投资者与中国血统和新鲜流动面临审查。

紧张的边境对峙中心与中国已经促使邻国的打击投资坚持批准,即便该行业在所谓的自动路由。心情在政府反对任何匆忙实施准则来定义什么是“重大实益拥有权”或其他问题澄清。官员表示,任何审查将依赖关系如何成功在未来几个月。

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中国显然是越来越不安分的标记筛选所有的问题外国直接投资建议即使在世界贸易组织(世贸组织)。政府回击北京在多个方面,包括禁止几个移动应用,夹紧TikTok等受欢迎的,从整个进口货物被海关检查边境

外国直接投资然而,检查早在拉达克的张力边境和Covid-19爆发后,首次发现在武汉。其他一些国家对中国的投资实施检查。

今年4月,政府做了外国直接投资的变化政策扫描所有投资来自邻国着眼于中国流入,已经开始占据大量的行业,尤其是那些有关技术部门。

官员说,等待批准的提案将各部门从电信电子和金融业。

然而,政府内部有一个部分,这是中心认为,必须采取强硬措施的背景下对中国边境对峙,但必须确保关键投资不打扰。

因此,此举将检查中国通过海外投资组合路线并没有成为现实,与财政部看作是反对这个计划。事实上,它并不是特别热衷于外国直接投资限制,但是内政部随心所欲,因为重复几个机构的担忧。

  • 发表在2021年1月16日,38点坚持

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NEW DELHI: The Centre is in no rush to approve investments from neighbouring countries, despite a rising backlog of proposals worth over Rs 12,000 crore from China.

“There are hardly any fresh investments, most of it is incremental,” said a government official. A number of startups, ranging from Paytm to Zomato and Udaan, have investors with Chinese parentage and fresh flows face scrutiny.

The tense border standoff<\/a> with China had prompted the Centre to clamp down on investments from neighbouring countries by insisting on approvals even if the sector was on the so-called automatic route. The mood within the government is against any hurry in putting in place the guidelines to define what constitutes “significant beneficial ownership” or issue other clarifications. Officials said any review would be dependent on how relations pan out in the next few months.

\"\"
<\/span><\/figcaption><\/figure>
China is obviously getting restless and has flagged the issue of screening all
FDI<\/a> proposals even at the World Trade Organization<\/a> (WTO). The government has hit back at Beijing<\/a> in multiple ways, including a ban on several mobile apps, clamping on popular ones such as TikTok, and customs checks of goods being imported from across the border<\/a>.

The
FDI<\/a> check, however, pre-dates the tension on the Ladakh border<\/a> and came in the wake of the Covid-19 outbreak, which was first spotted in Wuhan. Several other countries have imposed checks on Chinese investments.

In April, the government had made changes in the FDI
policy<\/a> to scan all investments from neighbouring countries with an eye on Chinese inflows that had begun to dominate a raft of sectors, particularly those linked to the technology sector.

Officials said the proposals that are pending approvals cut across sectors from power to telecom to electronics and the financial sector.

However, there is a section within the government, which is of the view that the Centre must adopt tough measures against China against the backdrop of the border standoff but must ensure that critical investments are not disturbed.

As a result, the move to put checks on Chinese investments via the overseas portfolio route has not materialised, with the
finance ministry<\/a> seen to be against the plan. In fact, it was not particularly keen on FDI curbs either, but the home ministry<\/a> had its way, given repeated concerns expressed by several agencies.
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