Reuters exclusively reported that China’s Xiaomi has told the Indian government that its heavy scrutiny of Chinese companies has made smartphone component suppliers wary about setting up operations in India.
Business & FinanceTechnology
Xiaomi says India’s scrutiny of Chinese firms unnerves suppliers
12 February 2024, 9:06 pm 1 minute
Market Impact
India ramped up scrutiny of Chinese businesses after a 2020 border clash between the two countries killed at least 20 Indian soldiers and four from China. That scrutiny has disrupted the investment plans of big Chinese companies and drawn repeated protests from Beijing.
Article Tags
Topics of Interest: Business & FinanceTechnology
Type: Reuters Best
Sectors: Business & FinanceTechnology
Regions: Asia
Countries: ChinaIndia
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
