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China has been doing more business with India, but it is still definately not hanging around

Asia has emerged among the fastest-growing sourced elements of Foreign Direct Investment (FDI) into Asia -- it absolutely was 17th largest in 2016, up through the rank that is 28th 2014 and 35th last year.

Last year, the full total Chinese investment in Asia was $102 million. A year ago, an archive $1 billion of Chinese FDI reportedly flowed in, but Indian that is official and statistics differ on cumulative figures. The Department of Industrial Policy and Promotion (DIPP) this past year estimated that total FDI from China between April 2000 and December 2016 had been $1.6 billion. Indian industry analysts and news reports have estimated the figure become over $2 billion.Source - www.techmanos.com

" Actual investment that is chinese India are at least 3 x greater than the official Indian figure," Santosh Pai, partner at Gurgaon-based Link Legal India Law Services, which gives legal solutions to people of the China Council when it comes to advertising of International Trade, told IndiaSpend.

Indian statistics capture direct assets from mainland China, but a lot of Chinese overseas investment that is direct Pai noted, flows through tax havens such as for instance Hong Kong. This past year, Chinese Vice-minister for Finance Shi Yaobin was quoted saying China has cumulatively invested $4.07 billion in India, and India has invested $650 million in Asia.

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