Beijing decries India’s ‘frequent’ probes after raid of phonemaker Vivo
Beijing has criticised New Delhi for launching “frequent investigations” into Chinese companies operating in India, after financial authorities raided Chinese mobile phonemaker Vivo over money-laundering allegations. India’s Enforcement Directorate, the finance ministry’s enforcement agency, said on Thursday that it had searched 48 Vivo locations and made seizures worth Rs4.7bn ($60mn) across 119 bank accounts. Vivo…
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