News Snapshot:
India Should Stop ‘Regulatory Assault’ on Chinese Firms, Chinese State Media Says After Xiaomi Accusations India ought to cease its “regulatory assault” on Chinese firms, state-backed Chinese newspaper Global Times mentioned, after smartphone maker Xiaomi alleged threats of “physical violence” in Indian investigations. Reuters reported on Saturday that Xiaomi had advised a courtroom that its high executives confronted threats and coercion throughout questioning by the Enforcement Directorate investigating unlawful remittances. The company, the Enforcement Directorate, known as the allegations “untrue and baseless”. Citing the story, the Global Times in an opinion piece late on Sunday mentioned the uncertainty surrounding Xiaomi’s...
