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ED’s probe on Xiaomi: China calls for a fair & non-discriminatory environment for its firms in India

Source: pgurus.com pgurus.com
News Snapshot:

ED denies Xiaomi’s ‘coercion’ allegation as ‘untrue and baseless’ Expressing displeasure, China on Monday expressed hope that India will provide a “fair, just and non-discriminatory environment” to its companies as it reacted guardedly to reports of top executives of Chinese smartphone maker Xiaomi faced a probe by the Enforcement Directorate regarding its remittances abroad. “China is closely following the situation,” Chinese Foreign Ministry spokesman Zhao Lijian told a media briefing in Beijing, responding to a question on top Xiaomi executives’ allegation of “physical violence and coercion” by the Enforcement Directorate (ED) in its investigations into its remittances. “We hope India…

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