Tuesday, May 10, 2022

India and China face-off after Indian officials seize $750 million worth of assets from Chinese phone maker Xiaomi

Intro:

India and China are once again at loggerheads after Indian officials froze Chinese phone maker Xiaomi's assets worth more than $750 million.

Delhi says the company was in violation of India's foreign remittance laws.

Beijing argues that Chinese companies are being treated unfairly in India.

Ishan Garg reports.

IN: China's spokesperson...
OUT: SOC
Duration: 54 seconds