India and China are normalizing diplomatic and economic ties following border disengagements at Depsang and Demchok. Key milestones include the 35th WMCC meeting, high-level SCO and BRICS summits, and India's amended Press Note 3 allowing calibrated Chinese investments
Click to View MoreIndia amended the FDI policy under Press Note 3 (2020), defining “beneficial ownership” as per PMLA Rules, allowing up to 10% non-controlling investments via the automatic route, and introducing a 60-day fast-track approval for key manufacturing sectors to balance national security with economic growth and support Make in India.
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