https://www.scmp.com/rss/323123/feed en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Back in September when Huawei announced plans to manufacture 3 million smartphones a year at a plant in India, it sparked fears in the Chinese media that a new phase of competition between India and China was on the horizon – and along with it, large scale job cuts in the latter. Huawei, one of China’s biggest telecom companies, was just the latest in a wave of Chinese smartphone vendors to set up production facilities in the country – one of the most promising mobile markets in the world. India... https://www.scmp.com/week-asia/business/article/2055234/why-chinese-phone-makers-find-india-good-call?utm_source=rss_feed https://www.scmp.com/week-asia/business/article/2055234/why-chinese-phone-makers-find-india-good-call?utm_source=rss_feed Mon, 19 Dec 2016 02:30:36 +0000 Chinese e-payment players could be the biggest beneficiaries of New Delhi’s sudden move to ban high denomination banknotes as harried Indians desperately seek cashless options. Alibaba is already the biggest backer of two of the top e-wallets, Paytm and Snapdeal-owned Freecharge, while the other two biggest players, MobiKwik and Oxigen, claim they are on the verge of landing Chinese investment as well. According to a chief executive of an Indian e-wallet player currently “in negotiations” with... https://www.scmp.com/week-asia/business/article/2049322/how-modis-currency-ban-helping-chinese-fintech-investors-india?utm_source=rss_feed https://www.scmp.com/week-asia/business/article/2049322/how-modis-currency-ban-helping-chinese-fintech-investors-india?utm_source=rss_feed Sat, 26 Nov 2016 04:03:36 +0000 As venture funding in the Indian tech sector slows to a trickle, anxious local start-ups may have found a new backer of their dreams – Chinese investors. Eager to invest in a market that is home to more than 12,000 start-ups and, they believe, at the tipping point for growth, a slew of Chinese investors are committing to new Indian ventures even as their American and European peers take a step back. Their ultimate aim? To pick a winner capable of emulating the Chinese Unicorns – firms worth more... https://www.scmp.com/week-asia/article/2003038/why-chinese-investors-think-indias-tech-sector-next-big-thing?utm_source=rss_feed https://www.scmp.com/week-asia/article/2003038/why-chinese-investors-think-indias-tech-sector-next-big-thing?utm_source=rss_feed Mon, 15 Aug 2016 02:00:28 +0000 Since a battered Uber sold its business to rival Didi Chuxing in China last week , the ride-hailing sector in India has been abuzz with anticipation of a similar deal in Asia’s other giant market, where ride-hailing companies are reeling from an unending price war. Industry sources say the fierce price war between the two top players – Ola Cabs and Uber India – has been bleeding the sector in India just as badly as the Didi-Uber rivalry in China, where Uber is estimated to have lost a billion... https://www.scmp.com/week-asia/business/article/1999699/does-china-exit-signal-end-road-uber-india?utm_source=rss_feed https://www.scmp.com/week-asia/business/article/1999699/does-china-exit-signal-end-road-uber-india?utm_source=rss_feed Mon, 08 Aug 2016 01:30:00 +0000