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Round-tripping FDI

Posted online: Wednesday, June 05, 2002 at 00:00 hrs
Updated On: Wednesday, June 05, 2002 at 00:00 hrs

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countries as is popularly believed. Even so, the fact remains that the absolute level of FDI into China is still 2.5 times more than India’s. The moral of the story is that India’s numbers have to be brought in line with IMF standards. The current official underestimates of $2-3 bn are not in sync with ground realities....

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