2022-05-01
A good lesson for all Chinese companies. As the Mandarin saying goes, the barefooted isn't afraid of shoe wearers. China can do nothing to retaliate because India is the barefooted hooligan. https://twitter.com/...
Reuters
India's Enforcement Directorate says it has seized $725M from Xiaomi's local bank accounts over allegedly illegal royalty payments to its foreign subsidiaries
India said on Saturday it had seized $725 million from the local bank accounts of China's Xiaomi Corp (1810.HK) …