Chinese embassy slams India’s tech firm probes after Vivo, Xiaomi and Huawei investigations, fines
- The Chinese embassy said New Delhi’s ‘frequent investigations’ could ‘impede the improvement of the business environment’
- Multiple office raids have put at risk Chinese smartphone brands’ success in India, an important growth market, following a rise in international tensions
The investigations have disrupted normal business activities and will “impede the improvement of the business environment in India” by hurting the “confidence and willingness” of foreign entities seeking to do business in the country, Counsellor Wang Xiaojian, a spokesman for the local Chinese embassy, said in a statement on Wednesday.
The embassy said it is following the issue closely and hopes that India will provide a fair, just and non-discriminatory business environment for Chinese companies operating in the country.
India remains an important market for Chinese tech companies given its size and young population. At home, Chinese brands have been contending with market saturation, a crackdown on the technology sector and a rapidly ageing population.
All three of the companies said they always comply with local laws and regulations and will cooperate with authorities.
In China, though, the moves are seen as targeted attacks against its companies. “India has been politicising economic issues with China since the two countries’ tensions broke out in June 2020, with a growing clampdown on Chinese companies operating in the country,” reads one piece published by the state-run Global Times, a publication under the Communist Party newspaper People’s Daily.