Sino -Indian relations have continued to be tight recently. According to the Indian government, it is rumored that several Chinese mobile phone manufacturers are required to reuse Indians as presidents, operating directors and other companies.China's Internet giant Xiaomi has also been accused of transferring funds illegal in the near future, and was officially frozen by Indian officials to freely freeze 4.8 billion yuan (RMB, the same below, S $ 900 million) funds.
The analysis of scholars interviewees analyzed that India has long been targeted at foreign companies, but the recent measures taken by Chinese enterprises are obviously related to further deterioration of relations between China and India.
The Indian Economic Times quoted sources in English that Indian government officials have recently held meetings with Chinese mobile phone manufacturers to require Xiaomi, OPPO, Realme, and vivo to introduce Indian partners for local business, and at the same time appoint Indian people to serve as appointmentCEO, chief operating officer, chief financial officer and chief technical officer and other key positions.
Sources said that senior Indian government officials also asked Chinese mobile phone companies to entrust the foundry production to Indian companies and export them through local dealers to promote India to become exports and production bases.The Indian government also reminds Chinese mobile phone companies to comply with law and not evade taxes in India.
The Global Times quoted sources familiar with Chinese companies in India's business situation, saying that the behavior of the Indian government is equivalent to "acquiring Chinese companies in disguise."
After the border conflict in China and India in June 2020, India has banned at least more than 300 Chinese applications, and strict restrictions on Chinese enterprises and funds.Recently, some Chinese smartphone manufacturers have been stressed in the Indian market for suspected illegal remittances.
The Indian Law Enforcement Bureau accused Xiaomi illegally remitted in May last year, and frozen 4.8 billion yuan of funds involved in its bank account, which is the largest seizure of India so far.Xiaomi later appealed, but was rejected by the Indian court in April this year.
The Indian Law Enforcement Bureau released documents again last Friday (June 9), accusing Xiaomi "illegally transferred funds to foreign entities", suspected of violating the country's foreign exchange management law, which means that the official may officially confiscate 4.8 billion detained 4.8 billionYuan.Xiaomi's net profit last year was 8.5 billion yuan, and the frozen funds were equivalent to more than 56 % of its net profit last year.
Xiaomi on Wednesday (14th) responded that the business in India is in compliance with the relevant laws and regulations of India, and the company is studying the confiscation of huge amounts of matters and waiting for a written verdict.
WeChat public account "Uncle Miscellaneous Talk" posted on Wednesday, criticizing the Indian government with non -market -oriented means to force Chinese enterprises to help India build and improve the industrial chain and supply chain to achieve large -scale industrialization.
This article believes that India may be "a country with trouble for the great rejuvenation of the Chinese nation" in the short term, and in the long run, it may become China's "biggest potential strategic competitor".Copy in unison.
Zhu Ming, a special researcher at the Sichuan Normal University area and the special researcher of the National Institute of State, analyzed in an interview with Lianhe Morning Post that India has not been friendly for foreign investment for many years. Many officials and people are highly vigilant to foreign companies and believe that they are here to make money plunder.Therefore, India has long been "very poor in business environment and also adopted for multinational companies." American and Korean companies have also suffered a lot of losses in the local area.
But Zhu Ming also pointed out that the recent measures taken by the Indian government on Chinese enterprises have been related to the further deterioration of China -India relations, and "indeed aimed at China."He judged that Xiaomi was more vigilant for China Enterprise to invest in India. In the future, the production line may be transferred to other South Asian countries such as Bangladesh and sold to India.
Sino -Indian relations have continued to deteriorate recently. Since May, they have forced the other party's reporters to leave the country by refusing to issue visas.
Zhu Ming evaluated that the tension between China and India's relations will be a long -term trend because the border issues of the two countries are still unreasonable, and they are opponents in geopolitical conflicts.He analyzed that India has chosen to tend to the United States and believes that the benefits that the United States can give is much greater than China, and hopes to undertake more industries evacuated from China in Chinese and Western accelerated decoupling, and even increase exports to the West. At the same time, they get more military military.Defense support.
But Zhu Ming judged that India will not completely abandon the tradition of strategic autonomy, and it is impossible to fully fall into the West in the military, and it will continue to use the inadequateness with China to achieve its own strategic purpose.
