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India needs to lower guards for China FDI rather than hit it with tariffs: Sajjid Chinoy

India needs to re-evaluate its curbs on Chinese foreign direct investment, Economist Sajjid Chinoy said. He believes allowing Chinese capital would boost domestic demand and job creation, contrasting it with the negative impact of tariffs. Chinoy highlights that trade deficits with China have widened. Recent diplomatic improvements and a potential review of investment rules suggest a shift towards greater openness.