This means Chinese companies cannot participate in the power project or a rail project or the telecom bidding without getting security clearance.
The troops of India and China are locked in a standoff in several areas along the Line of Actual Control in eastern Ladakh since May 5.
In the short run, it would be extremely difficult for India to damage China economically given its massive dependence on the northern neighbour in many sectors.
But Karnataka does look like an island of hope. The Opposition protests, but within limits, whether on COVID-19 or China.
On May 5, the Indian and the Chinese army personnel clashed with iron rods, sticks, and even resorted to stone-pelting in the Pangong Tso lake area in which soldiers on both sides sustained injuries.
The Chinese delegation will be led by its Foreign Minister Wang Yi, while National Security Advisor Ajit Doval will head the Indian team at the boundary talks beginning on Saturday, December 21.
The Army officer said India and China have mutually agreed that steady and improved bi-lateral relation will be beneficial for the people.
Admiral Karambir Singh stressed that the India Navy is fully aware about Pakistan's intention in the Indian Ocean region.
India and China are of same age in so far as their current country identities are concerned but both have a civilisational history that is a continuum of sorts.