| From Financialexpress.com: India's quest for energy assets abroad is expected to intensify in the coming years, but Indian firms are likely to lag behind Chinese giants in the race as India's ability to set up a sovereign wealth fund (SWF) to match the neighbour's $300-billion fund is in question, feel energy experts.
According to a senior official in the ministry of external affairs, which has an energy diplomacy division, China's energy acquisitions are funded by its huge current account surplus, while India has a current account deficit.............................................Full Article: Source
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