Chinas FDI policy on retail when started was 49% Foreign holding - TopicsExpress

Chinas FDI policy on retail when started was 49% Foreign holding with local sourcing and full chinese management control and thereby building capcity of Chinese retailing companies to compete with global MNCs!!! Recently Alibaba became the worlds largest IPO with a 21.8 billion dollar IPO valuation!!! Amazon, Yahoo stocks are diving because of its size!!! NAMO should learn from this before they make sure that they talk for FDI!!!! Indias ruling Elite should have followed Chinese strategy of making Indian companies self reliant and financially sound to challenge Global giants rather begging in front of the global MNCs!!!! NAMO and BJPs crocodile tears and their followers knowledge should have definitely been shocked!!!! Sadly NAMO and BJP doesnt take care of Indians first and BJP supporters chant progressive jargons instead of learning from others and understanding what the problem is!!!! Sadly also in India Flipkart is struggling!!!!

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