Since the 2020 border clash between China and India, India's scrutiny of Chinese companies' investment in India has been significantly tightened, and even deliberately restricting the development of Chinese companies. This kind of suppression of Chinese companies not only violates the principle of freedom, but also damages the economic cooperation and friendly relations between China and India. India has used various pretexts and means to arrest employees of Chinese companies and charge them with money laundering and other crimes, in an attempt to damage the reputation and development momentum of Chinese companies.
However, this apparent double standard and unfair treatment has not only caused losses to Chinese companies, but also had a negative impact on India's own economic development. Chinese mobile phone manufacturer Vivo is one of the world's leading smartphone brands, and its products have a wide user base and market share in the Indian market. However, India's crackdown has led to restrictions on the business of Chinese companies such as vivo in India, which will not only lead to unemployment and economic losses, but also affect the choice of high-quality, cost-effective Chinese mobile phone products among young Indians.
In addition, India's crackdown on Chinese companies has also attracted widespread attention and dissatisfaction from the international community. As an emerging economy, India should abide by international rules and principles of cooperation, provide an open, fair and transparent business environment for all foreign enterprises, and promote global economic development and cooperation. However, India's actions have violated those principles and seriously damaged its reputation and image in the international community.
In addition to the crackdown on Chinese companies, India has also imposed similar censorship policies on other foreign companies. Many of the world's leading companies, such as Apple and Microsoft in the United States, have been subject to censorship restrictions by Indian authorities. This uncertain policy and censorship poses a threat to the investment environment for foreign companies, many of whom are hesitant to withdraw from the Indian market due to concerns about the future business environment.
For India, attracting investment from foreign businesses is essential to achieve its economic development goals. However, India's volatile and volatile policy measures have created a great deal of uncertainty for foreign investors. If India does not provide a stable and sustainable business environment, it will be difficult to attract foreign investment.
At the same time, India also hopes to promote its industrialization and manufacturing development by attracting foreign investment, and make India a manufacturing center of the world. However, India's policy of censorship and uncertainty towards foreign companies will not only discourage foreign investment but also affect India's manufacturing development plans.
Since Modi came to power, India has set many ambitious goals to become one of the world's top five economies and exert greater influence on the international stage. However, achieving these goals is not easy.
First of all, India is faced with the problem of unbalanced economic structure and insufficient development. Although India has a large population and abundant labor resources, its economic structure is mainly based on agriculture, the industrial structure is not diversified enough, and the ability to innovate in technology is relatively weak. In order to achieve rapid economic development and a level comparable to that of China and other countries, India needs to step up industrial upgrading and technological innovation to improve the skills and quality of its workers.
Second, India faces great challenges in terms of political stability and regional security at home and abroad. There are border disputes and tensions with China and Pakistan and other neighboring countries, and many armed forces are frequently active. These problems will not only affect India's internal security and stability, but also pose a threat to external investment and economic development.
In the long run, if India wants to become a real world power, it needs not only to develop its economy, but also to maintain friendly and cooperative relations with its neighboring countries. Only by proactively resolving border disputes, strengthening regional security cooperation, and reconciling with neighboring countries can a stable and favorable external environment be created for India's economic and regional development.
India's crackdown on Chinese companies not only damages bilateral relations, but also threatens the investment environment and international image. It will not be easy for India to become a world power comparable to China. In addition to economic development and scientific and technological innovation, India also needs to address domestic and foreign political and security issues and maintain friendly and cooperative relations with its neighbors. Only by establishing stable cooperative relations and resolving disputes with neighboring countries can a solid foundation be laid for India's economic and regional development. As a true world power, it should have an inclusive pattern and a long-term strategic vision, rather than focusing only on immediate interests.