LIC IPO: India likely to block Chinese investment

India likely to block Chinese investment in LIC’s mega IPO Premium.

Political tensions between the countries rocketed last year after their soldiers clashed on the disputed Himalayan border and since then, India has sought to limit Chinese investment in sensitive companies and sectors, banned a raft of Chinese mobile apps and subjected imports of Chinese goods to extra scrutiny.

[Via]
Total
0
Shares

Sign Up for NextBigWhat Newsletter

Daily.