positive
Recently
India to resume approvals for Chinese imports after five-year freeze
India ends 5-year import freeze on Chinese goods to ease supply-chains and support domestic demand.
India plans to quickly resume approvals for import proposals from China and other countries covering electronics, steel, household goods and raw materials, ending a five-year moratorium. The move is aimed at easing supply-chain constraints and meeting rising domestic demand ahead of festive season. Analysts say the decision may benefit manufacturing and reduce input-cost pressure for Indian firms, though it raises questions about strategic dependencies and trade balance. The announcement reflects a thaw in India-China trade relations and a shift in import policy.