Indian tanks at China border may hurt investments

TIL Desk/World/Beijing-Criticising the reported deployment of battle tanks by the Indian army near the Indo-China border, Chinese state-run media today said that the move may affect flow of Chinese investments into the country and called for joint efforts to avoid misunderstandings.

“A media report stating that nearly 100 Indian tanks have been positioned near the Indo-China border to counter any possible threat grabbed people’s attention as more Chinese firms are looking to increase their investment in India,” an article in the state-run media said today. “However, it is puzzling that while deploying tanks near China’s border, India still strives to woo Chinese investment,” it said.

“The deploying of tanks near the Indo-China border may hit a nerve within the Chinese business community, causing investors to weigh the threat of political instability when they make investment decisions,” it said. The article refers to reports of Indian army deployment of tanks in the Ladakh border to catch up with China’s aggressive military and infrastructure build-up across the border.