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Crack down on OPPO, Vivo, Xiaomi can push them to leave India: Chinese state media – 24HTECH.ASIA

August 7, 2022
Source: 24htech.asia 24htech.asia
News Snapshot:
IANS Vivo, OPPO, Xiaomi The central government is looking into cases of alleged tax evasion by three Chinese mobile companies, OPPO, Vivo India and Xiaomi. For Chinese processing and manufacturing enterprises that originally tried to make India an overseas product-processing centre, if it is indeed increasingly difficult and unprofitable to operate in the country, then withdrawing from India is also an available option, state-run Global Times has said. “Frequent investigations by the Indian side into Chinese enterprises not only disrupt those companies’ normal business activities, but also impedes the improvement of business environment in India and chills the confidence and...
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