India Builds Trade Barriers With China Amid Border Row
- Modi has banned 59 Chinese apps, taking steps to cut imports
- India imported goods worth over $70 billion from China in 2019
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India slapped new trade curbs on some of its neighbors, in a move primarily seen aimed at keeping Chinese businesses out after a border conflict and worsening economic ties between the two nations.
Companies from nations that share a land border with India are barred from bidding for government contracts for goods and services until they register with the industry department, according to an official statement. Previously, New Delhi had made it mandatory for suppliers to mention the country of origin on the government’s e-Marketplace while bidding for tenders.