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That doesn’t address why Chinese money is less desirable than Ambani’s money.
by kranner 6y ago
That doesn’t address why Chinese money is less desirable than Ambani’s money.
- sbmthakur 6y agoTheir influence in India is directly proportional to the money they put in the Indian economy, which basically means the influence exercised by the Chinese government. The lesser the Chinese influence, the better it is considering the current state of India-China relations. Ambani's money is definitely not fueling a known Indian adversary.
- kranner 6y agoYou have a fair point regarding not fueling a known adversary. I'm not sure about the influence part, as they have very far from a controlling share in the Indian investments I'm aware of. There is HDFC Bank, but their the Chinese share doesn't exceed 2%. Dubai I think has a larger share than the Chinese.