India's new rules for FDI may open new flashpoint with China

India's new rules for FDI may open new flashpoint with China

Powai, Mumbai, Maharashtra, India. Photo: Aniket Bhattacharya

India’s new rules for foreign investment violate WTO principles of non-discrimination and are against free and fair trade, a Chinese embassy spokesperson said on Monday, potentially opening a new flashpoint in their uneasy ties.

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