In Signs of Warming Ties, India Reopens Bidding to Chinese Firms

Reuters reports that India plans to lift long-standing restrictions on Chinese companies bidding for government contracts, in an attempt to ease shortages and project delays. Curbs were placed on Chinese firms in a major part of India’s public procurement market in 2020 as a result of a deadly clash between the countries’ troops at the Sino-Indian border. As border tensions have been reduced considerably, the Ministry of Finance has decided to open up investment to China. The decision followed requests from other government departments ‍that are facing shortages and project delays due to the 2020 restrictions. This shift is also occurring in a situation of growing uncertainty regarding the policy of the United States toward India.