Investments into India must have a China filter
India has blocked investments by Chinese electric vehicle majors BYD and Great Wall Motors and has refused to change regulations that choke in-bound investments from the Middle Kingdom. In this video Hindol Sengupta argues that India needs,
• special laws that filter foreign direct investments using a national security filter,
• the vulnerability of India's critical sectors to adverse foreign influence,
• Western-style regulation to properly analyse investments that impact critical sectors,
• and needs to stop being naive about Chinese weaponisation of investments.
Timestamps-
0:00-0:54 Introduction
0:55-1:56 Why India said no to Chinese EV investments
1:58-4:20 The hidden dangers of FDI from China
4:21-7:48 Challenges in India’s current FDI framework
7:49-9:46 How other countries screen FDI for security risks
9:48- 11:29 Why India needs a strong FDI screening law
11:30-11:54 Conclusion
