India to review Chinese FDI in BD, other SA countries

Dhaka,  Wed,  26 July 2017
Published : 10 Jul 2017, 10:32:11 | Updated : 12 Jul 2017, 13:14:30
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India to review Chinese FDI in Bangladesh, other South Asian countries

FE Online Desk
Indian government has decided to review the inflow of the foreign direct investment (FDI) from China to Bangladesh as well as other South Asian countries.

The assessment is going to be conducted mainly from India’s national security perspective, according to a news item of The Hindu.  

“Given the increasing influence of China in the Indian sub-continent and South Asia, the study will be dynamic and is, among other things, expected to look into various trends, tracking a surge, if any, in Chinese FDI in the region,” the report added.

Chinese FDI to Pakistan jumped from $256.8 million in FY15 to $878.8 million in 11 months of FY17

“In addition to assessing the nature and impact of Chinese FDI in Bangladesh, Bhutan, Myanmar, Nepal, Pakistan and Sri Lanka, the study will track Chinese investments in Afghanistan and Maldives too,” added the report.

Bangladesh Bank data showed that net inflow of FDI from China to Bangladesh stood at $61.40 million in 2016 while it was $79.20 million from India.
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