• About us
  • Careers
  • Brand Partnerships
TFI Official Merchandise
TFI हिन्दी
TFI Global
Wednesday, June 29, 2022
TFIPOST
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Shiv Sena’s 6-point resolution is possibly the most laughable joke of the year

    Shiv Sena’s 6-point resolution is possibly the most laughable joke of the year

    The Sonia Gandhi connection of Teesta Setalvad must be probed

    The Sonia Gandhi connection of Teesta Setalvad must be probed

    Shiv sena seats

    Maharashtra Floor Test Demystified – Here are the numbers that you have been waiting about

    Rampur BJP

    As we predicted, BJP had a comfortable victory in SP’s own backyard

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Income inequality India

    India is the only country that bridged the gap between the rich and the poor during the COVID pandemic

    PLI Scheme for Apparels is going to eliminate the Bangladeshi clothes from the market

    PLI Scheme for Apparels is going to eliminate the Bangladeshi clothes from the market

    NPAs

    Congress had given India the NPA cancer. PM Modi has cured it

    India and Russia have their International Transport Corridor Ready

    India and Russia have their International Transport Corridor Ready

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    India takes a giant step as a defence manufacturer with its Tejas deal with Egypt

    India takes a giant step as a defence manufacturer with its Tejas deal with Egypt

    Tejas LCA

    Malaysia wants India’s Tejas LCA at any cost

    NSA Doval’s statement on ‘Agnipath’ scheme should be read by every idiot protesting it

    NSA Doval’s statement on ‘Agnipath’ scheme should be read by every idiot protesting it

    Agnipath is BJP’s private militia, courtesy of our genius opposition

    Agnipath is BJP’s private militia, courtesy of our genius opposition

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    India’s digital surgical strike on Pakistan

    India’s digital surgical strike on Pakistan

    India clearly and categorically rejects G7’s statement on Russia and Ukraine

    India clearly and categorically rejects G7’s statement on Russia and Ukraine

    Modi Biden video

    A 600-word analysis of a 12-second-long Modi-Biden video

    Kashmir and Aksai Chin are not the only scars left by Nehru

    Kashmir and Aksai Chin are not the only scars left by Nehru

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • History
    • Indology
    copper weapons

    The excavations in Mainpuri’s Ganeshpur village illustrate Hindus’ sophisticated weaponry

    Gondya Ala Re – 125 Years of Chapekar Brothers’ Supreme Will

    Gondya Ala Re – 125 Years of Chapekar Brothers’ Supreme Will

    History

    Government shouldn’t have removed Mughal references from NCERT books, it should have published the truth

    Kalika Mata Mandir

    Pavagadh Shakti Peeth: How a mandir was redeveloped after shifting dargah built atop it

    • Culture
    • History
    • Indology
  • Lounge
    • All
    • Books
    • Cinema
    • Food
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Manmohan is overrated, Joe Biden is the real robot

    Manmohan is overrated, Joe Biden is the real robot

    Sanjay Dutt character

    Sanjay Dutt has played the most irritating and over-the-top characters in the last 5 years

    Item Number – The cancer that almost claimed the Indian film industry

    Item Number – The cancer that almost claimed the Indian film industry

    Karan Johar bollywood

    Karan Johar, forget about a comeback because you can’t

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
  • Premium
No Result
View All Result
TFIPOST
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Shiv Sena’s 6-point resolution is possibly the most laughable joke of the year

    Shiv Sena’s 6-point resolution is possibly the most laughable joke of the year

    The Sonia Gandhi connection of Teesta Setalvad must be probed

    The Sonia Gandhi connection of Teesta Setalvad must be probed

    Shiv sena seats

    Maharashtra Floor Test Demystified – Here are the numbers that you have been waiting about

    Rampur BJP

    As we predicted, BJP had a comfortable victory in SP’s own backyard

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Income inequality India

    India is the only country that bridged the gap between the rich and the poor during the COVID pandemic

    PLI Scheme for Apparels is going to eliminate the Bangladeshi clothes from the market

    PLI Scheme for Apparels is going to eliminate the Bangladeshi clothes from the market

    NPAs

    Congress had given India the NPA cancer. PM Modi has cured it

    India and Russia have their International Transport Corridor Ready

    India and Russia have their International Transport Corridor Ready

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    India takes a giant step as a defence manufacturer with its Tejas deal with Egypt

    India takes a giant step as a defence manufacturer with its Tejas deal with Egypt

    Tejas LCA

    Malaysia wants India’s Tejas LCA at any cost

    NSA Doval’s statement on ‘Agnipath’ scheme should be read by every idiot protesting it

    NSA Doval’s statement on ‘Agnipath’ scheme should be read by every idiot protesting it

    Agnipath is BJP’s private militia, courtesy of our genius opposition

    Agnipath is BJP’s private militia, courtesy of our genius opposition

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    India’s digital surgical strike on Pakistan

    India’s digital surgical strike on Pakistan

    India clearly and categorically rejects G7’s statement on Russia and Ukraine

    India clearly and categorically rejects G7’s statement on Russia and Ukraine

    Modi Biden video

    A 600-word analysis of a 12-second-long Modi-Biden video

    Kashmir and Aksai Chin are not the only scars left by Nehru

    Kashmir and Aksai Chin are not the only scars left by Nehru

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • History
    • Indology
    copper weapons

    The excavations in Mainpuri’s Ganeshpur village illustrate Hindus’ sophisticated weaponry

    Gondya Ala Re – 125 Years of Chapekar Brothers’ Supreme Will

    Gondya Ala Re – 125 Years of Chapekar Brothers’ Supreme Will

    History

    Government shouldn’t have removed Mughal references from NCERT books, it should have published the truth

    Kalika Mata Mandir

    Pavagadh Shakti Peeth: How a mandir was redeveloped after shifting dargah built atop it

    • Culture
    • History
    • Indology
  • Lounge
    • All
    • Books
    • Cinema
    • Food
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Manmohan is overrated, Joe Biden is the real robot

    Manmohan is overrated, Joe Biden is the real robot

    Sanjay Dutt character

    Sanjay Dutt has played the most irritating and over-the-top characters in the last 5 years

    Item Number – The cancer that almost claimed the Indian film industry

    Item Number – The cancer that almost claimed the Indian film industry

    Karan Johar bollywood

    Karan Johar, forget about a comeback because you can’t

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
  • Premium
No Result
View All Result
TFIPOST
No Result
View All Result

Business with only clean companies: PM Modi has single-handedly shut the doors to Chinese investors worldwide

Akshay Narang
by Akshay Narang
31 July 2020
in Opinions
0
modi chinese investors
7k
VIEWS
Share on FacebookShare on Twitter

Prime Minister Modi is marginalising the Chinese companies which have been fuelling China’s exports-based economy all this while. Not only is the Modi government cornering and targeting Chinese companies stricto sensu, but it is also clubbing Chinese investors in the same category of ‘unsafe’ and ‘unclean’ Chinese interests. India is setting strong precedents for the democratic world to follow.

Take for instance, the immensely popular battle royale game Players Unknown Battlegrounds (PUBG) mobile. Till now, the gaming app was not really seen as an ‘unsafe’ Chinese app, the reason being that while the game has been coded and backed by the Chinese tech giant  Tencent Game developers, it was developed by the PUBG Corporation.

But recently it was reported that the Modi government is mulling to ban another 275 Chinese apps, including PUBG, over security concerns and user privacy issues with Chinese apps. Horrified by such reports, PUBG rolled out a new privacy policy as part of its evasive measures to avoid the wrath of the Modi government. The revised privacy policy stated  that all data PUBG Mobile collects from its Indian players will be stored on local servers within the country.

But PUBG is just an example. India has been relentlessly indicating that a company with a substantial Chinese investment isn’t a ‘clean’ company, even if the company is otherwise not China-based. Therefore, earlier this year India tightened its FDI rules with an eye on China.

Interestingly, the revised FDI norms applied not only upon state-run corporations and private companies, but also upon “beneficial owners” of an investment into India.

Therefore, even if a company situated outside China seeks to invest in India, but its beneficial owners, that is, shareholders who alone or together enjoy substantial control over such investments, are situated in China, then it would be covered by the latest restriction. Such investments would have to go through the Government route.

New Delhi is institutionalising its animosity for Chinese companies and investors. And this animosity is not unfounded either. Recently, India also recognised seven Chinese companies, including telecom giant Huawei, e-commerce giant Alibaba, and Tencent, have been identified by the government over direct/ indirect links with the Chinese People’s Liberation Army (PLA).

A clear differentiation is being drawn between non-Chinese companies on one hand and companies that are either Chinese or have Chinese investments in them. The message is loud and clear- if you have Chinese investment in you, you are not clean even if you are not based out of China.

India is giving ideas to the free world, and the US has already started going down the same path. Therefore, the US Secretary of State also used the word “clean carriers” for “Jio in India, Telstra in Australia, SK and KT in South Korea, NTT in Japan.” He was using this terminology for telecom companies that have “prohibited the use of Huawei equipment in their networks.”

Chinese investors are thus becoming untouchables of the free world. Companies understand that if they have a substantial Chinese element (or investment) in them, they will automatically be treated like a Chinese conglomerate. No company wants to face scrutiny from a foreign government as it creates a sense of financial uncertainty.

And India is making it clear that if a foreign company wants to avoid scrutiny within India, it must remain pure in the sense of avoiding Chinese investment. Chinese investors are therefore being stereotyped like never before.

India’s actions are heralding a new era in geo-economics. In the pre-Pandemic world, a largely liberal economic agenda dominated the planet. Geo-strategic interests never guided the business policies of a country, and even India maintained strong trade ties with China despite the long-standing border disputes between the two countries. But things are changing now. Global supply chains and business interests are being dictated by strategic equations.

Even the biggest intelligence network of the world- Five Eyes alliance which consists of the US, Canada, Australia, the UK and New Zealand recently decided to end their reliance on China in terms of trade ties, and bring their strategic interests in sync with their trade ties.

As Prime Minister Modi is encouraging the democratic world to reshape their business ties and synchronise them with their strategic interests, the burden of the reshaping is going to fall on China. Not only is the ability of the Chinese companies to invest in the free world getting eroded, but even the Chinese investors are going to be restrained from investing in the business firms of the free world.

Chinese economy is getting more and more isolated, and the Chinese investors are going to be the biggest victim of India’s drastic measures.

Tags: ChinaChinese investorsPM Modi
Share912TweetSend
Previous Post

State Heads as brand ambassadors is the possibly the best way to kick China out of the supply chain

Next Post

Rafale in India gives Pakistan army the perfect opportunity to extort their citizens and share the cake with China

Akshay Narang

Akshay Narang

Patriot, Political Analyst, Amateur Historian

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

  • Most Read
  • Comments
  • Latest
Xi Jinping, coronavirus, Shinzo Abe, china, Japan, coornavirus, COVID-19, Wuhan Virus

‘Pack up and get out of there,’ Japan to spend $2.2 billion to get Japanese companies to exit China

9 April 2020
ajay devgn karan johar

The man who bullied the Bully – How Ajay Devgn made Karan Johar’s monopoly a joke and forced him to apologize

22 June 2020
Huawei, China, Trump, USA, Xi Jinping

‘Our survival is at stake now,’ Chinese Telecom giant Huawei crumbles after US ban on Semiconductor exports

19 May 2020
T-Series Sonu Nigam Divya Khosla Kumar Bhushan Kumar

T-Series forced to take down Atif Aslam’s video, Divya Khosla trolled. T-Series has a bad day in office

25 June 2020
Meat Ban

A Jain responds to Meat Ban in Mumbai

Public Sector Bank, Government, Bill

Dear bank employees, continue your stride but PSBs will be privatized

anti-Hindi

Anti-Hindi Forever?- In search of a National Language!

Dear Liberals – your Beef Parties are not protests, they just intend to displease the Majority

Dear Liberals – your Beef Parties are not protests, they just intend to displease the Majority

Shiv Sena’s 6-point resolution is possibly the most laughable joke of the year

Shiv Sena’s 6-point resolution is possibly the most laughable joke of the year

28 June 2022
India’s digital surgical strike on Pakistan

India’s digital surgical strike on Pakistan

28 June 2022
India takes a giant step as a defence manufacturer with its Tejas deal with Egypt

India takes a giant step as a defence manufacturer with its Tejas deal with Egypt

28 June 2022
The Sonia Gandhi connection of Teesta Setalvad must be probed

The Sonia Gandhi connection of Teesta Setalvad must be probed

28 June 2022

Popular This Week

Bollywood Thackeray
Politics

Why Bollywood is afraid of Devendra Fadnavis’ return to Maharashtra

by Apoorva Shukla
25 June 2022
Russian Oil
Geopolitics

This is how India is importing oil from Russia even when insurance companies have blocked Russia

by Abhishek Kumar Singh
24 June 2022
The Rouble-Rupee combo – An effective solution to the menace of petrodollar
Geopolitics

The Rouble-Rupee combo – An effective solution to the menace of petrodollar

by Abhishek Kumar Singh
24 June 2022
Parle G
Analysis

In a decade or two, Parle will be forced to stop producing Parle-G

by Abhishek Kumar Singh
25 June 2022
PLI Scheme for Apparels is going to eliminate the Bangladeshi clothes from the market
Economy

PLI Scheme for Apparels is going to eliminate the Bangladeshi clothes from the market

by Rahul Gupta
26 June 2022

©2022 TFI Media Private Limited

  • Terms of use
  • Privacy Policy
  • Sitemap
No Result
View All Result
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
  • Premium
TFI Official Merchandise
TFI हिन्दी
TFI Global
  • About us
  • Careers
  • Brand Partnerships

©2022 TFI Media Private Limited

Follow us on Twitter

and never miss an insightful take by the TFIPOST team

Follow @tfipost