India is set to clear 45 investment proposals from China, which are likely to include those from Great Wall Motor and SAIC Motor Corp., government and industry officials familiar with the matter told Reuters, as military tensions between the two countries ease at the disputed border.
The proposals have been held up since last year after India tightened controls on Chinese investment in the country in retaliation against alleged Chinese troop incursions in the western Himalayan region. China blamed Indian troops for the standoff. Read More…
