Representational Image

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

Mon, 22 Feb 2021 - 05:54 PM / by Harsh Vardhan

Tags: India, China, BRICS Summit 2021, Foreign Ministry, India-China Border Row, Indo-China

Courtesy: Deccan Herald

Representational photo: Chinese currency.

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

Mon, 22 Feb 2021 - 02:21 PM / by Harsh Vardhan

Tags: Venture Intelligence, India-China Border Row, FDI, Chinese Firms

Courtesy: The Indian Express