Chinese firms have issues in investing in India: Chinese leader

Gaurav Sharma, Daijiworld.com

image from

Excerpt:

Shanghai, June 5 (IANS): President Pranab Mukherjee asked Chinese investors to be a "partner in India's growth story" and assured a conducive business environment during his recent visit to Guangzhou, but a senior leader of China's top advisory body feels there are still "some issues" in opening shop in India.

In an interview to IANS, Zhao Qizheng, Vice Chairman of Foreign Affairs of Chinese People's Political Consultative Conference (CPPCC), said Chinese businessmen were "not clear" about rules and business environment in India.

Zhao maintained that "public diplomacy" could help both sides understand the issues related to doing business in each other's countries. ...

"Communication in advance is of vital importance and that is where public diplomacy can play its role. Not government, but the enterprises, business associations as well as NGOs (non-governmental organisations) could sponsor some forums and organise some visits so that the entrepreneurs of both sides can have visits before the substantial investment," Zhou elaborated.  ...