Xi Jinpings India visit could signal a diplomatic thaw between India and China, but business ties remain stuck in a maze of investment curbs, visa delays, technology restrictions and stalled equipment supplies. While New Delhi has eased some Chinese investment rules and approved projects, major firms remain cautious. A Modi-Xi meeting could determine whether political warmth finally unlocks economic opportunities.

Border rivalries shouldn’t block Chinese capital, just as wartime history never stopped Japanese investment from powering East Asia.

Chinese President Xi Jinping is set to participate in the BRICS Summit in India this week, marking his first visit in seven years. As Prime Minister Modi and Xi prepare to meet on…