www.expressindia.com - Weather | Horoscope | Stocks | RSS
expressindia web city
HomeBlogsCricketAstrology TendersClassifieds Reader Comments Hotels
Sign In / Register | Archive
Expressindia » Story

Chinese cos keen on Indian market

Font Size

Agencies

Posted: Jan 10, 2008 at 1505 hrs IST

New Delhi, January 10: Ahead of the visit of Prime Minister Manmohan Singh to Beijing, China has said its companies are keen to invest in India in a big way but sought "level playing field" and easing of restrictions to attract them.

As the two countries prepare to discuss ways to enhance trade and economic relations, Chinese Ambassador Zhang Yan said the companies from all sectors, particularly infrastructure, housing and tourism are interested in investing in India.

India, as one of the fastest growing market, presents great business potential for Chinese investors. We believe that with the help of the Indian government, Chinese businesses would have a more favourable investment environment and both sides could expect a broader economic prospects, said Zhang.

I think, if the Indian side can reduce some restrictions, it will help more Chinese companies and investors to come to India, he said in comments made just ahead of Singh's maiden visit to Beijing from Sunday.

He elaborated saying that Chinese companies wanted a level-playing field and national treatment to enable them to invest in India even as he expressed "understanding" for New Delhi's concerns over zooming trade imbalance which has touched US 9 billion.

Discuss this story on expressindia forums
Post Comments
Name* Email ID*
Subject* Country*
Message*
Characters remaining
 
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Latest News

Business

Showbiz

Sports

Delhi Court raps govt for going soft on illegal migrants

Cloud in golden lining: Few checks, high risks

Slap 'only option' when power to tolerate graft ends: Anna

Raj Thackeray: Outsiders behind terror activities in Mumbai

5 years ago, Rushdie spent 3 days in Jaipur, yet few noticed him

Sonia launches scathing attack on SAD-BJP in Punjab

Iran defiant, says will find other buyers for its oil

More
© 2011 The Indian Express Limited. All rights reserved
Advertise With Us | Privacy Policy | Feedback | Express Group | Site Map