I refer to the following articleThe author of (link below), whichthis article says "[the devaluation of the yuan] may also have impact on FDI[foreign direct investment (FDI)] if China becomes a more attractive destination vis-a-vis India". Why is this?
I understand that the following sentence then says "investors would go there where with the exchange rate he will get more kick for his dollar", but what makes China a more attractive destination for FDI than India following the devaluation of the yuan?