China was the first country to embark on a path to normalcy after the Covid-19 crisis. The groundwork for resumption of economic activity was laid out through a flurry of legislative and administrative activity at various levels on topics ranging from screening protocols for returning workers to tax sops for firms to re-start production. It is too early to judge the effectiveness of these measures. However, it might be worthwhile to examine some of the ideas underlying China’s policy toolkit as India starts its own path to economic recovery. Despite differences in our political systems and scale of industries we might find parallels in challenges faced.
About the Speaker
Santosh Pai, has been offering legal services to clients in the India-China corridor since 2010. His areas of interest include Chinese investments in India, India-China comparative law and policy, cross-cultural negotiations and board governance. He holds a B.A., LL.B. (Hons.) degree from NLSIU, Bangalore, LL.M. (Chinese law) from Tsinghua University, Beijing and an MBA from Vlerick University, Belgium (Peking University campus). His manuscript "Practical Guide on Investing in India for Chinese investors" has been translated into Chinese and published by China Law Press. Santosh is currently a partner at Link Legal, an Indian law firm. He is a member of CII's Core Group on China, teaches two courses on India-China business at IIM Shillong and volunteers at NGOs in his free time.