Xiaomi says India’s scrutiny of Chinese firms unnerves suppliers   | Reuters News Agency

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Business & FinanceTechnology

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. 

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



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