China-India Business Update: Sept. 22

Posted by Reading Time: 4 minutes

Sept. 22 – Welcome to our regular China-India round up in which we examine the latest bilateral news and commentary affecting foreign investment in the two countries.

Foreign direct investment and bilateral trade between China and India continues to grow, while this past week China’s largest bank, the Industrial and Commercial Bank of China, opened up a full branch in Mumbai.

Here we provide a list of recent India news of interest to China-based business people who may be considering an India market entry.

India Set to Overtake Japan as World’s Third Largest Economy in PPP
The Indian economy has been growing at 8 percent and is now worth over US$4 trillion

Industrial and Commercial Bank Opens in Mumbai
ICBC provides US$100 million in capital to fund Chinese businesses in India

Nasdaq to List on Bombay Stock Exchange
Nasdaq joins the Dow Jones and S&P500 by listing on India’s main bourse

Conducting Due Diligence in China and India
Our overview of the different due diligence structures and applications when examining Chinese and Indian businesses

Increased China Expat Costs May See Many Relocate to India
More cash in pocket is making India a preferred destination now that China has become increasingly expensive

The Beijing-Delhi Same Same
A photo essay on the differences and similarities between the two capital cities

Public-Private Partnerships in India’s National Highways
The Indian government foresees US$10.54 billion in private investments in the highways sector this fiscal as it awards contracts for building 7,300 kilometers of roads

India, China Vie for Australian Coal Fields
Indian and Chinese companies have already contracted all but 1.2 billion of the more than 20 billion tons of coal resources in Australia’s second largest coal field – the northern Galilee Basin in Queensland

Chinese, South Korean, Indian Companies Lead Forbes Asia’s Fab 50 List
China and India have a strong presence on this year’s edition of Forbes Asia’s Fabulous 50 Asian Companies

Dezan Shira & Associates provide foreign direct investment advice and services to clients in both China and India. The firm provides due diligence, incorporation, tax, accounting and other business services from twelve China offices and five in India. Please contact the practice at or as appropriate, visit the firm’s web site here, or download the firm’s brochure here.

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