Meanwhile, international investors are "distressed by the growing indications that India is not willing to abide by international rules and norms in relation to dispute resolution, " Columbia's Mr. Doering said.

WSJ: Deutsche Telekom, U.S. Firms Scrap With India Over Scuttled Satellite Deal

The foreign ministry also stressed that China's arms exports abide by legal norms and pose no threat to global peace and stability in response to a report by the Stockholm International Peace Research Institute on China replacing Britain as the world's fifth-largest arms exporter, says Beijing Times.

BBC: China media: Japan radar lock