Indian tanks near China border may hurt investments: Reports

The article refers to reports of Indian army deployment of tanks in the Ladakh border to catch up with China's aggressive military and infrastructure build-up across the border.

By: PTI | Beijing | Updated: July 22, 2016 12:33 am
India China, China India, India tanks China investments, China investments, China india investments, india border tanks, China news, India news, latest news, world news, international news, national news, Indo china investments, indo china border, india china border The article refers to reports of Indian army deployment of tanks in the Ladakh border to catch up with China’s aggressive military and infrastructure build-up across the border. (Source: File Photo)

Criticising the reported deployment of battle tanks by the Indian army near the Indo-China border, Chinese state-run media on Thursday said that the move may affect flow of Chinese investments into the country and called for joint efforts to avoid misunderstandings.

“A media report stating that nearly 100 Indian tanks have been positioned near the Indo-China border to counter any possible threat grabbed people’s attention as more Chinese firms are looking to increase their investment in India,” an article in the state-run Global Times said on Thursday.

“However, it is puzzling that while deploying tanks near China’s border, India still strives to woo Chinese investment,” it said.

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“The deploying of tanks near the Indo-China border may hit a nerve within the Chinese business community, causing investors to weigh the threat of political instability when they make investment decisions,” it said.

The article refers to reports of Indian army deployment of tanks in the Ladakh border to catch up with China’s aggressive military and infrastructure build-up across the border.

China too reportedly has major mechanised units on its side of the border and tank deployment was aimed at ensuring parity, the reports said.

The Global Times article said, “China and India share a large potential for economic and trade cooperation, and while this may make Chinese enterprises enthusiastic about investment opportunities in the Indian market, those firms should remain calm in the face of investing risks”.

According to a Global Times report published in May this year Chinese investments in India grew six fold in 2015 to USD 870 million.

India which is weighed down with over USD 46 billion trade deficit with China in about USD 70 billion annual trade has been pressing Beijing to step up investments and has removed a number of security-related issues for a smooth flow of Chinese investments.

Acknowledging India’s efforts to improve investment climate, today’s Global Times article said, “the continuous efforts by India’s government to improve its foreign investment environment deserve applause, but now it seems there needs to be more focus spent eliminating investor’s misgivings over non-economic factors.”

“During its own initial stage of industrialisation and urbanisation, China put aside political disputes and concentrated on economic development. To an extent, this may serve as a road map for India’s government,” it said.

“In the long run, there is large potential for a successful relationship between China and India, especially in the manufacturing sector. In order for that possibility to become a reality, both China and India will need to work hard to clear up misunderstandings in a bid to lay a solid foundation for the sustainable development of economic and trade cooperation,” it said.

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  1. S
    Jul 22, 2016 at 8:06 pm
    What Feku things of him self? His MEA MADE PREMATURE COMMENT that China is the only country which is against our entry into NSG. Giving China no option for any talks. Nepal has already shown their displeasure of out intervention in their Intel affairs, After all Bangladesh and Srilanka are so called neutral but Lanka tilting towards China. If stan and China together attacks India Feku has no alternative but to listen and obey US. Then US and China will put pressure on India to settle Kashmir issue of course that will favour stanlt;br/gt;We citizens request honorable Pradan Sevak of India not to try his Sangi tr,Ickes with China or any other nations. Our foreign policy was acceptable as it was for last six decades since un fortunate war th China when we learned a good lesson
    1. P
      Jul 21, 2016 at 2:17 pm
      China ki Ma Ki AANKH. Bharat has right to structure self militarily to protect our Motherland .This is a Chinese conspiracy to link economy and make us afraid. India must not bow anyway to Chinese even if there is a threatening with respect to investments. We must find a plan B for this. I strongly agree with the decision to deploy tanks on Sino Indian border. Now we must stand TALL. Jai Bharat!
      1. J
        Jul 21, 2016 at 3:27 pm
        We don't need your investment. We will keep our troops and tanks whereever we want in our land. If that's making you itch, then we can supply you with some talcom powder.
        1. K
          Jul 21, 2016 at 2:38 pm
          Will the business prospects improve if the Chinese tanks are stationed on India border?lt;br/gt;How China alienates its neighbours can be seen by its relations with those countries. Its one-time ally Vietnam is its enemy now. That speaks for itself!
          1. S
            Sep 20, 2016 at 8:49 pm
            India will never war with stan or China, even china or stan launched alot of missile, India will just bark ans start a high level meeting and sit down.
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