Home Current Affair May 2018 China's Increased Trust, Launched India-Dedicated Investment Fund

China's Increased Trust, Launched India-Dedicated Investment Fund


China's largest government bank 'Industrial and Commercial Bank of China' (ICBC) has launched the country's first India-dedicated investment fund. In this fund, the Chinese general public will also be able to invest and through this they will get the benefit of the strengthening of the Indian stock market.  

PM Modi had successfully visited Wuhan city of China. Since then, China has given many signs of softening on the strategic and business front. Import duty on many important medicines imported from China to China has been removed.

Published On : 16 May 2018

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