China says India’s fears of military base in Maldives unfounded

  1. China tagged India’s anxiety as baseless after Male approved a law to allow foreigners to buy land in the country.
  2. A senior Chinese military officer said that China did not own any military base abroad, nor did it seek military expansion.
  3. Maldivian President tried to placate the opposition and neighboring countries mentioning that Maldives is looking at projects like Singapore’s Marina Bay Sands or Dubai’s Palm Islands and not at strategic projects.
  4. The Maldives will now allow foreigners who invest more than US$1 billion to own land in perpetuity, provided 70 per cent of it is reclaimed from the sea.

 

 

 

Foreign Policy Watch: India-China
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