If you thought the Chinese have only put their money into buying stakes in technology start-ups, think again. According to a Brookings India study, in the two years of 2018 and 2019, Chinese companies in India together invested, or announced plans to invest, over $9-10 billion in many sectors ranging from infrastructure, real estate, and automobiles to consumer durables and energy.
The figures reflect China’s deepening stake in the country. In 2018, the big area of investment for the Chinese was in energy. Last year, it was infrastructure.
The study, by Ananth Krishnan, a visiting fellow at Brookings India, was