What is Press Note 3 that India uses to clear investments linked to Chinese companies?
Press Note 3 cast a wide net by including a clause that allows the government to scrutinise any transaction in which the ultimate controlling interest lies with a Chinese entity, even if the funds are routed through Singapore or Mauritius
Press Note 3 cast a wide net by including a clause that allows the government to scrutinise any transaction in which the ultimate controlling interest lies with a Chinese entity, even if the funds are routed through Singapore or Mauritius
