Chinese missive on Indian tanks

Beijing: Two days after it was reported that nearly 100 Indian tanks have been positioned near the Indo-China border to counter any possible infringement, the Chinese state-run media has said it may “hit a nerve” within the Chinese business community and affect the flow of investments into India. So, it has advised both countries to work hard to “clear up misunderstandings”.   The article in the Chinese state-run Global Times on Thursday said: “The media report on Indian tanks has grabbed people’s attention even as more Chinese firms are looking to increase their investment in India. However, it is puzzling that while deploying tanks near China’s border, India still strives to woo Chinese investment.” “The deployment of tanks may cause investors to weigh the threat of political instability when they make investment decisions,” the article warns. The article further said, “China and India share a large potential for economic and trade cooperation, and while this may make Chinese enterprises enthusiastic about investment opportunities in the Indian market, those firms should remain calm in the face of investing risks”.