India Govt. Eyes Lifting China Contract Curbs

India’s finance ministry is moving to roll back five-year-old restrictions that sidelined Chinese firms from government tenders after the deadly 2020 border clash. The curbs disrupted power and infrastructure projects and removed CRRC from a $216 million train contract. A Rajiv Gauba-led panel recommends easing rules, potentially reopening $700-750 billion in contracts, pending Prime Minister Narendra Modi’s approval.