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Chinese investment in South Asia is known to be growing rapidly and constantly since the last decade. Within a very short span China has become one of the largest sources of foreign capital in all the South Asian nations. China has invested or committed investment of more than US$150 billion to these nations (excluding India) during the last decade (Bhandari & Jindal, 2019). Chinese investments to these countries ballooned especially after the launch of Beijing’s highly ambitious plan Belt and Road Initiative (BRI). Chinese investment primarily targeted physical infrastructure projects, such as port, road, power generation in most of the countries in the region. However, contrary to this, in India, Chinese investment has been very limited in physical infrastruc- ture. China’s primary investments in India are in the manufacturing (motor vehicles, mobile, and electronics) and services sector. In addi- tion, Chinese investments in other South Asian countries have been channelised through State-Owned Enterprises (SOE), whereas in India, Chinese private sector has taken the lead. BRI played a critical role in boosting Chinese investment in South Asia as this region holds a great importance to this initiative. Here the continental ‘belt’ connects the maritime ‘roads’ via land and through the Indian Ocean. Except India and Bhutan, all other South Asian nations have participated in the BRI. Pakistan and Sri Lanka are among the largest BRI partners in the world. China-Pakistan Economic Corridor