India proposes reopening government bidding to Chinese firms as ties thaw

Published 10 hours ago
Source: scmp.com
India proposes reopening government bidding to Chinese firms as ties thaw
India plans to lift long-standing restrictions on Chinese companies bidding for government contracts, a move officials say is aimed at easing shortages and project delays as relations with Beijing show tentative signs of stabilising. The proposal, first reported by Reuters, would roll back curbs, imposed after the two countries’ deadly 2020 border clash in the Galwan Valley, that effectively shut Chinese firms out of a vast segment of India’s public procurement market. In October 2024, India and...