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Chinese carmakers have had to shrink or suspend their overseas businesses as a result.
Chinese e-commerce giant Alibaba also sees India as a promising market. Alibaba and its affiliate Ant Financial hold a minority stake in its India peer Paytm after two rounds of investment in 2015.

Chinese monetary authorities plan to further improve the fundamental financial market infrastructure to attract foreign investors, vowing a continual opening of the domestic bond market.
Chinese kung fu became popular among Westerners thanks to Bruce Lee and Jet Li, but more people study the traditional Chinese martial art because they benefit from it, said Yan Ran, chairman of Shaolin Temple USA, a non-profit organization committed to promoting Shaolin kung fu in the US.
Chinese consumers appear to be younger at heart than their counterparts in the United States and Japan and this is reflected by their consumption habits, despite an increasingly aging society, a new report showed.
来源:资阳报