India’s new aversion to Chinese investment will hurt its own businesses

In the Netflix documentary China Hustle, fraud-hunting investor Carson Block explains the significance of a Chinese proverb: Muddy water makes it easy to catch fish. The documentary puts a spotlight on how the Chinese government and corporates act in tandem to inflate stock prices and shield the wrongdoings of their US-listed companies. This kind of behavior has fueled mistrust against China in India, and led to new rules that may have a negative impact on Indian companies.