InvestorQ : How do you see the Indo-China border standoff impacting business sentiments in India?
Sam Eswaran made post

How do you see the Indo-China border standoff impacting business sentiments in India?

Answer
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swati Bakhda answered.
5 months ago


Chinese media has put the entire blame for the latest fracas on the Indo-China border on India as they allege a planned move by Delhi to seize Chinese territory. China has alleged that India was illegally constructed defence facilities across the border into Chinese territory in the Galwan Valley. Tensions are running high along Ladakh and Sikkim. These tensions heightened after India declared Ladakh as a Union Territory. Some parts of Ladakh are claimed by China. This came a couple of years after the Doklam stand-off near Bhutan which eventually fizzled out. Indian observes feel that this is more economic and comes after India put curbs on FDI flows from China over security issues. Also, China has been unhappy with India joining the chorus against China on the Coronavirus spread as well as its recent friendship with Taiwan.