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China Files: How COVID-19 doubled China's challenge to world?
Just days after the Centre amended the Foreign Direct Investment (FDI) policy to check opportunistic takeovers of Indian companies amid the COVID-19 pandemic, China on Monday criticised the move and said that it violates the World Trade Organizations principle of non-discrimination. Despite coronavirus challenges as factories were shut and cities closed, Chinese conglomerate Huawei generated 182.2 billion Chinese yuan (nearly $25.8 billion) in revenue in the first quarter of 2020, an increase of 1.4 per cent year-on-year, the company announced.
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