The third round was suspended due to bad weather.
Cheema shot 71, while Seenappa Chikkarangappa carded three-over 75 and Khalin Joshi, the hero of first round slumped to 77.
Cheema was in splendid form over the front nine, where he birdied five times, three in a row from sixth to eighth.
Overall he had six birdie, but on the back nine, he also gave away four bogeys to end up with 71.
Meanwhile, the USA, after setting scoring marks in the first two rounds, continued to maintain the lead.
The USA will be vying to win its 14th championship and first since 2004.
Chris Williams, who had posted scores of 64 and 67 in the first two rounds, leads the USA, which was 24 under par for the championship through the first seven holes of the third round and was eight strokes better than defending champion France, which had all three players complete seven holes and was 16 under.
The 2012 championship was shortened from 72 holes to 54 holes following a weather delay that allowed only six teams to finish the second round on Friday. The second round was completed yesterday with the USA holding a six-stroke advantage over the Republic of Korea with its 36-hole scoring mark of 266.