Chinese enterprises have urged the Indian government to relax visa restrictions, and open special channel to allow senior executives/engineers to enter India as Chinese companies are suffering heavy losses due to travel restrictions. Clamped on February 5, the restrictions against Chinese nationals barring them from entering India has evoked sharp reaction from the Chinese corporate world. “The losses to Chinese enterprises due to current visa policy is more than USD 50 million as per data of half month back, and we believe the losses kept increasing as most of the Chinese enterprises can’t operate normally,” said Wang Yonglin (Alen), Chairman, Chamber of Chinese Enterprises in India (CCEI) in New Delhi on Friday.
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