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TOI daily: After FDI, Chinese companies now face curbs in getting govt contracts

Jul 24, 2020, 08:41AM ISTSource: Times Now

The government changed rules to enable curbs on bidders from countries that share a land border with India “on the grounds of defence and national security”. The new rules seek to block supply of stationery, turbines and telecom equipment as well as award of road and power contracts to companies that have a link with China. The move follows a recent ban on 59 Chinese apps and comes in the backdrop of the continued military stand-off in Ladakh where Chinese forces are dragging their feet over pulling back after partly complying with mutual agreements to disengage.

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