Govt must take note of CEA's warning on China

Our government is best placed to assess national security considerations and determine the extent of access we should give to Chinese goods and investments

Last week, our Minister for Commerce and Industry Piyush Goyal scotched all speculation on whether the government would accept the recommendations of the chief economic adviser (CEA) in the Economic Survey to consider facilitating investments from Chinese companies. “The Survey is not at all binding on the government and there is no rethinking on supporting Chinese investments in the country,” Goyal said. So, any investments from China and any applications for visas from Chinese entrepreneurs, managers, and technical persons will continue to be subject to stringent scrutiny from the national security angle. 

India was so welcoming of Chinese