China FDI: Door opens but the Great Wall stays

The govt has liberalised Press Note 3, an executive device to kill Chinese investment proposals through unending security scrutiny. But strong constraints remain that will keep Chinese FDI very low.

This reveals muddled thinking on both economics and security.
China today has the greatest pool of savings in the world and the best technology in several areas including solar energy, wind energy, electric vehicles, and batteries. To keep out investment from such an important source is an economic self-goal.