Ho Chi Minh City will struggle to attract private investors if it continues with stringent …
Read More »India seizes $725 million of Xiaomi assets over illegal remittances
India said it had seized $725 million from the local bank accounts of China’s Xiaomi Corp after it made illegal remittances to foreign entities by passing them off as payments. The Enforcement Directorate had been investigating the Chinese company’s business practices over suspected violations of Indian foreign exchange laws. The …
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