China says India's frequent probes of its firms hurt business confidence


Source: bdnews24.com bdnews24.com

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> > Reuters 04:34 04:34 PM BdST A Vivo logo is seen at a shopping mall in Shanghai, China Feb 22, 2019. Reuters. Many Chinese firms have struggled to do business in India after political tension surged following a border clash in 2020. India has cited security concerns in banning more than 300 Chinese apps since, and toughened rules on Chinese investment. Wednesday's comments by the embassy follow raids this week by a financial crime fighting agency, the Enforcement Directorate, targeting smartphone maker Vivo, owned by China's BBK Electronics, in a money laundering investigation. read more Such frequent investigation "impedes...