2021年2月22日我所主任戴永红教授在《环球时报》（英文版）发表题为Chinese capital to be
coveted by Indian firms after pandemic的评论文章， 主要观点为面对中国资本、印度需反思：
After more than half a year of reckless
provocation against China, India reportedly plans to lift a blockage on Chinese
investments amid its rising awareness of the importance of Chinese capital
which has boosted the development of Indian industries in the past years.
that New Delhi has realized the growing importance of attracting foreign
investment to its own growth.
Indian government has begun clearing foreign direct investment (FDI) proposals
from China on a case-by-case basis, ending the freeze on such clearances that
lasted nine months, The Times of India reported on Monday, citing anonymous
its ill-intended provocations along the border, New Delhi revised its FDI rules
last year to heighten scrutiny on investment from certain countries bordering
India, which has been widely regarded as a move discriminating Chinese
investments. In addition to its sweeping ban on Chinese apps, New Delhi has
severely damaged the interest of Chinese investors, as well as its own
once-in-a-century global health crisis continued to batter the world, India
became one of the hardest-hit countries, with its already weakened economic
growth slumping into deep recession. It was estimated to record an 8 percent
economic contraction during its fiscal year of 2020-21.
the worsening epidemic situation and a complex path towards recovery have made
its internal contradictions more visible. Massive farmer protests have taken
place since last August, impeding economic rebooting of the country.
by multiple challenges, the Indian government seemingly has woken up from its
"decoupling China" fantasy.
has been not much benefit for India to collect. To the contrary, the US and
other developed countries are struggling in the quagmire of the coronavirus
pandemic and brutal economic recession, making it hard for them to attract investment
from other countries during the post-pandemic era.
there's no alternative of Chinese investment which has advantages in capital,
technology and management, not to mention its great fitness in the Indian
market. Chinese investors have been long facilitating the development of Indian
huge market potential of both sides and strong economic complementarities,
China and India are fully capable of achieving win-win results through close
cooperation. China has been India's largest trading partner for many years in a
row, and its cumulative investment in India has exceeded $8 billion now.
India's 30 unicorns, over 18 have received massive investment from Chinese
firms, according to a report by the Sunday Guardian Live in June 2020.
growing economic and trade exchange between China and India has helped local
businesses, creating precious jobs for local residents and bringing better
products and services to consumers.
Delhi's sudden policy change to crack down on Chinese investment in the last
two years, however, has severely hindered a mutually beneficial exchange.
Though there's a possible reversed attitude of New Delhi, it is suggested that
Chinese investors will take a more prudent stance toward heading to the largest South
Asian country and investing there.
on the other hand, needs to make concrete moves to improve its business
environment, including a stable and transparent policy framework, sound legal
protection as well as a friendlier public environment.
The author is director of Institute of Bay
of Bengal Studies with Shenzhen University. email@example.com