Thursday 31 March 2016

India Beat China in US Investment

Bizbilla Business news 
The Barack Obama administration has said that the United States has stepped up investment in India since the advent of the Narendra Modi government in the country, outpacing its investment in China. 

The high-level engagements between our two countries since May of 2014 include six at the leader-level, including the Nuclear Security Summit this week, and we could well see more before the end of the administration,"


US Assistant Secretary of State Nisha Desai Biswal said in a note that outlined US policies and priorities for 2016 in South and Central Asia. She said, "Much of the focus has been on the economic partnership, and while there continue to be challenges, we have seen a dramatic rise in US investment in India, which today outpaces US investment in China.

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