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Chinese state media slams India’s regulatory assault on Xiaomi

May 10, 2022
Source: weeklyvoice.com weeklyvoice.com
News Snapshot:
New Delhi, May 9 – Slamming the Indian raids on Chinese technology brand Xiaomi, Chinese state media outlet Global Times has said that the impression that Chinese and other foreign companies could be intentionally targeted and suppressed isn’t something good or favourable for India. Chinese smartphone maker Xiaomi has come under intense regulatory pressure in the Indian market, which may raise concerns over Chinese companies’ development in India. “While it is premature to claim whether India is intentionally targeting Xiaomi now, uncertainty surrounding Xiaomi’s regulatory predicament should raise a red flag for India,” said the report that came out late...
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Tags: bank | brand | Business | China | Chinese | communication | court | crackdown | Delhi | development | Economy | foreign exchange | foreign investment | India | Indian | investment | IT | manufacturing | New Delhi | News Media | Propaganda | smartphone | supply chain | technology | Xiaomi

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