CHINA TOPIX

Chinese State Media Raises red Flag as Telecom Companies Shift Manufacturing to India

Girish Shetti   |

Sep 26, 2016 10:27 AM EDT

With several Chinese telecom companies shifting their manufacturing base to India, China's state-owned Global Times newspaper has expressed concern that this development could result in severe job losses. The warning comes as the Indian government intensifies its effort to attract Chinese investment under its ambitious Make-in-India project.