China says India risks scaring away investors with raids on its companies
CNN
India risks damaging its reputation among foreign investors with its "frequent investigations" into Chinese companies, Beijing said this week.
China's embassy in India said in a statement Thursday that probes by Indian authorities into Chinese companies were disrupting "normal business activities" and chilling "the confidence and willingness of market entities from other countries, including Chinese enterprises to invest and operate in India."
The criticism comes after India's Enforcement Directorate — the country's main financial investigation agency — raided major Chinese smartphone company Vivo over allegations of money-laundering earlier this week.
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