Monday, October 3, 2022

India upholds $682 million assets freeze of Chinese smartphone maker Xiaomi

Intro:

India's top enforcement body has upheld the government's decision to freeze Chinese phone maker Xiaomi's assets worth 682 million dollars.

Allegations are that Xiaomi flouted India's foreign remittance laws – a charge the company denies.

Ishan Garg has more from New Delhi.

IN: Indian authorities...
OUT: SOC
Duration: 41 seconds