Multiple Probes Into Chinese Companies Damaging Confidence of Foreign Investors, Chinese Embassy Says


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Multiple Probes Into Chinese Companies Damaging Confidence of Foreign Investors, Chinese Embassy Says Technology By Alex Smith On Jul 10, 2022 0 Share (adsbygoogle = window.adsbygoogle || []).push({}); Multiple investigations by Indian enforcement agencies into Chinese companies are damaging the confidence of foreign entities investing and operating in the country, China’s embassy in the South Asian nation has said. 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...