Photo: Kalinga TV
China Extends Support To India For Hosting BRICS 2021 New Delhi Summit
In a rare instance, China has backed India for hosting BRICS (Brazil, Russia, India, China, South Africa) 2021 summit in New Delhi. Calling BRICS a "constructive force" China's Foreign Ministry spokesman said, "we are committed to deepening strategic partnership within it to consolidate solidarity". However, the officials did not clarify if Sino President Xi Jinping would attend it. Interestingly, China has offered India support when both… read-more
Tags: India, China, BRICS Summit 2021, Foreign Ministry, India-China Border Row, Indo-China
Courtesy: Deccan Herald
Photo: E-go Times
Fund Inflow From China Dips Over $2 Billion Due To Border Standoff
Financial tracker Venture Intelligence’s data has revealed that funding from China in 2020 fell to a third of 2019 owing to the border tensions and government measures on Chinese firms. Reportedly, private equity and venture capital funding from China and Hong Kong fell from $3.5 billion (2019) to $1.05 billion (2020). While Chinese FDI dipped to its 3-year lowest, $55 million from $63 million, during April-September, FDI from Hong Kong has… read-more
Tags: Venture Intelligence, India-China Border Row, FDI, Chinese Firms
Courtesy: The Indian Express
