US-China Trade War: Chinese Investment in India May be Imminent, Says Anand Mahindra

US-China Trade War: Chinese Investment in India May be Imminent, Says Anand Mahindra

New Delhi: Mahindra Group Chairman Anand Mahindra on Wednesday said a wave of Chinese investment in India may be imminent in the wake of intensifying trade war between the US and China. Commenting on reports that US President Donald Trump will meet his Chinese counterpart Xi Jinping next month, in a tweet Mahindra said, "Even if they settle, a Chinese firm with large exports to the US would be wise to hedge and invest in a subsidiary in India & transfer its scale-manufacturing skills".

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