India blocks BYD investments amid China concerns

India is reportedly restricting investments from China’s biggest automaker, BYD. “India has to be cautious about its strategic interests [and] who we allow to invest,” Commerce Minister Piyush Goyal told Bloomberg Television’s Haslinda Amin at the India Global Forum in Mumbai on Monday. Goyal added, “As of now, it is a no” to BYD Co., … Continue reading India blocks BYD investments amid China concerns