Posted by IDQWE001 > 2023-07-30 18:31 | Report Abuse

India says China phone maker Oppo evaded $550m in tax
Accusation follows string of raids on Chinese smartphone companies

SAYAN CHAKRABORTY, Nikkei staff writer
July 13, 2022 19:35 JST

BENGALURU -- Indian authorities on Wednesday accused the local unit of Chinese smartphone manufacturer Oppo of evading around 44 billion rupees ($550 million) in customs duty.

The announcement follows a series of raids on the operations of Chinese phone makers in the country amid government allegations ranging from tax evasion to unlawfully sending money abroad.

While officials say they are targeting specific legal or regulatory violations, many experts argue the high-profile moves come as Chinese manufacturers increasingly dominate India's smartphone sector and mark the latest fallout from mounting geopolitical tensions between New Delhi and Beijing.

The announcement regarding Oppo follows barely a week after another Chinese mobile phone manufacturer, Vivo, was accused of channeling nearly 625 billion rupees outside India to avoid paying taxes.

India's anti-smuggling agency alleges that Oppo wrongly claimed exemptions of about 30 billion rupees on "certain items" imported into the country. It says the company also avoided paying 14 billion rupees in taxes by channeling money overseas labeled as royalty and license fees.

Posted by qqq47660 > 2023-07-30 19:17 | Report Abuse

India withdraws from University Games in ChengDu........................this will please Biden.

Posted by ks55 > 2023-07-30 20:14 | Report Abuse

BYD asked for 100% cash upfront to purchase 1000 electric buses, India cannot afford to pay. India turn around and says it it is against normal trade deal. Why BYD demanded 100% upfront? Simply India importers are not credible business partners. History tells thousand facts.

Posted by qqq47660 > 2023-07-30 20:34 | Report Abuse

Lol....byd smart

Posted by qqq47660 > 2023-07-30 20:36 | Report Abuse

To survive have to be very smart

Posted by ks55 > 2023-07-30 20:38 | Report Abuse

If Modi can resort to cheating tactic, Indian businessmen are equally good at that too.

Posted by qqq47660 > 2023-07-30 22:53 | Report Abuse

the west don't have problems with the Communist Party of Vietnam so what is the problem with the CPC?

Posted by foongsh > 2023-07-31 00:08 | Report Abuse

India protests China’s issuing of separate visas to Indians from disputed northeastern state

NEW DELHI (AP) — India protested on Thursday China’s practice to continue to issue separate visas that are stapled onto passports of Indian citizens from the northeastern Arunachal Pradesh state, which China claims to be part of its South Tibet.

Three members of an Indian sports team set to compete at the World University Games this week in China were denied regular visas — which are stamped onto passports — by the Chinese Embassy in New Delhi.

Instead, they got their visas stapled to a page in their passports. For India, that presents a problem because if it sends athletes with stapled visas to China, it would imply accepting China’s claim on the territory.

Wolf warriors pushing all the neighbour countries to strong and soild alliance. Lol.

Posted by ks55 > 2023-07-31 01:59 | Report Abuse

Seems that India is ready to decouple from China in every aspect. Why not just start another border war instead of being a thorn in fresh with any organisation involving China. A war with China will enable peaceful border for next 50 years.

Posted by qqq47660 > 2023-07-31 23:53 | Report Abuse

Stapled visas as a practical solution...not the first time and no issue previously....it's Modi want to show biden he got the message and becomes America's barking dog

Posted by qqq47660 > 2023-07-31 23:56 | Report Abuse

Chinese are practical people. None of the students will be affected in anyway in practical terms if just follow China solution

Posted by qqq47660 > 2023-08-01 00:00 | Report Abuse

Tesla will built a plant in India on condition no byd....well, I guess this is the way America/ India want to play it so be it

Posted by qqq47660 > 2023-08-01 00:02 | Report Abuse

It's good byd cut off early....later only lose more money

Posted by qqq47660 > 2023-08-01 00:10 | Report Abuse

India cannot go far because it is emotional not committed to reform and opening up.

Posted by i3lurker > 2023-08-01 00:54 | Report Abuse

most companies [more than 50%] that went to India made losses.

Famous ones are Air Asia, Mudajaya, Maxis

Maxis Bhd remains committed to its loss-making Indian telecom unit Aircel after having invested US$7 billion over a decade, India’s Economic Times said in a report published on its website1. However, Aircel Ltd filed for bankruptcy in India in 2018

Mudajaya Group Bhd took a big hit in the fourth quarter ended Dec 31 on rising share of losses in an independent power producer (IPP) in India. The company posted a net loss of RM235mil in the last quarter. For the full year (FY18), Mudajaya’s losses increased to RM396mil compared with a net loss of RM124mil reported a year earlier

Posted by ks55 > 2023-08-01 02:23 | Report Abuse

Why Mudajaya made huge losses in power generation India JV? Simply cheated by India Authority and Indian partner. In order to rob foreingn companies making money from India operation, its govt can make new law with restropective effect to make the robbery legal.

Posted by foongsh > 2023-08-01 11:02 | Report Abuse

Foxconn to Invest $194 Million in New Plant in India's Tamil Nadu

By Reuters
|
July 31, 2023, at 1:10 a.m.

CHENNAI (Reuters) -Taiwan's Foxconn has signed a deal with Tamil Nadu to invest 16 billion rupees ($194 million) in a new electronic components manufacturing facility that will create 6,000 jobs, the government of the southern Indian state said on Monday.

The Foxconn Industrial Internet (FII) facility will be built in the Kancheepuram district near the state capital of Chennai, a state government source said on condition of anonymity as details are not yet public.

It will be separate from the sprawling campus near Chennai where Foxconn assembles Apple's iPhones, they added.

"This is a major achievement for the state," Tamil Nadu Minister for Industries TRB Rajaa said in a statement, after Foxconn Chairman Young Liu and other representatives met with state officials including its chief minister.

Liu told reporters in Tamil Nadu that Foxconn currently employs about 40,000 workers in its facility near Chennai.

Foxconn has plans to quadruple the workforce at its Tamil Nadu iPhone factory by late 2024 to spread its bets beyond China, Reuters reported last year.

Liu has been in India to attend the federal government's semiconductor conference that ended on Sunday.

Foxconn on Monday also signed a research and innovation agreement with the Indian Institute of Technology, Madras and the state government's investment arm Guidance.

The partnership aims to bring more high-value tech to the state via Foxconn, the unnamed source said. "Tamil Nadu wants to move up the value chain in electronics," they added.

Reuters reported last week that the Foxconn subsidiary was in talks with Tamil Nadu about the components investment, with the company aiming for the plant's completion in 2024.

FII makes electronic devices, cloud service equipment and industrial robots. It was not immediately clear if the new plant would make components for iPhones or for other firms, or both.

Posted by qqq47660 > 2023-08-01 11:29 | Report Abuse

China don't see India as enemy...it is India that see China as enemy. ..just to please biden

Posted by qqq47660 > 2023-08-01 11:30 | Report Abuse

I think even the border fightings are started by the cia

Posted by qqq47660 > 2023-08-01 11:31 | Report Abuse

If fox think can make money in India, good luck to them

Posted by qqq47660 > 2023-08-01 11:36 | Report Abuse

HK property will be coming down by 20-30% ....this is what HK needs to make housing more affordable. HK housing problem will be solved as promised.
Human rights for revolutionaries is no slums, no tent cities, no homeless, no boat people. And China has succeeded....Shanghai affordability is also being addressed.

Posted by qqq47660 > 2023-08-01 11:37 | Report Abuse

CPC promises a beautiful country. And that is their priority

Posted by qqq47660 > 2023-08-01 11:39 | Report Abuse

India will take the us- China problems as India's opportunity....well, up to them la but India will still disappoint people and cannot live up to expectations

Posted by qqq47660 > 2023-08-01 11:45 | Report Abuse

Japan says China is the biggest strategic challenge...I think it is expected G7 all will say the same thing. As for Japan their car industry is at risk of going bankrupt due to emergence of China cars....Germany also

That is how capitalism works

Posted by qqq47660 > 2023-08-01 11:46 | Report Abuse

China has the legitimate right to prosperity also , may the best man win.

Posted by qqq47660 > 2023-08-01 11:47 | Report Abuse

Me? I think China will win

Posted by qqq47660 > 2023-08-01 11:50 | Report Abuse

For commitment to reform and opening up is 100% ...China is not afraid of fair competition and of globalisation....that is why China is member of rcep, India is not....and China will offer anyone free trade solutions especially to global south.

Posted by qqq47660 > 2023-08-01 11:55 | Report Abuse

Fox is a Taiwanese companies. At the moment, China companies are considered a risk in India, Taiwan companies are welcome in India. That is the geo politics consideration. Biden surely agrees and encourages it in hope of containing China. ....these are things China cannot control

Posted by qqq47660 > 2023-08-01 11:56 | Report Abuse

But China is a country of geniuses, united patriotic scare of what?

Posted by qqq47660 > 2023-08-01 11:58 | Report Abuse

In fact chips and technology development in china is progressing far faster than biden wants...it is biden seeing all his plans fail

Posted by IDQWE001 > 2023-08-01 12:26 | Report Abuse

Posted by foongsh > 1 hour ago | Report Abuse

Foxconn to Invest $194 Million in New Plant in India's Tamil Nadu

Due to geopolitical and global supply chain restructuring not only Foxconn there are many Taiwan chips manufacturer bring their investment in India and Thailand. All their advanced AI chips manufacturing will be stayed locally.

Posted by qqq47660 > 2023-08-01 12:29 | Report Abuse

Geely producing 500000 EV in tanjong malim..... malaysia firmly in China camp

Posted by qqq47660 > 2023-08-01 12:32 | Report Abuse

Human rights for the revolutionaries is no slums no tent cities no homeless....China very successful.

What India do is India business and I wish them luck....some more economics is not zero sum game

Posted by qqq47660 > 2023-08-01 12:34 | Report Abuse

In fact chips and technology development in china is progressing far faster than biden wants...it is biden seeing all his plans fail

I see the panic is in biden camp and I see time is in China side

Posted by qqq47660 > 2023-08-01 12:37 | Report Abuse

Intel Qualcomm Nvidia and micron all rebels against biden sanctions....time is not in biden side

Posted by qqq47660 > 2023-08-01 12:39 | Report Abuse

2 Malaysia Chinese who want to see China die. But China will not die. It's just disgusting that is all.

Posted by qqq47660 > 2023-08-01 12:43 | Report Abuse

1.4 billion in china as a right to prosperity just like everyone else....wishing China die is very cruel act

Posted by IDQWE001 > 2023-08-01 12:45 | Report Abuse

When typical chinese has nothing to back-up their view, this is what normally they would do to manupulate us thru their own understanding of moral or racial card hijacking our emotion feeling of guilty.

You are right most of the CCP supporters trying to play race cards it manupulates all Chinese MUST support CCP. CCP does not represent 100% China. Communism and Socialism are not original from ancient China. Those are rubbish from Europe culture.

Some CCP dogs not even could master his ancient language, his parents must be shame on him.

Posted by Sslee > 2023-08-01 13:11 | Report Abuse

Only those with hidden agenda (either because of blind hatred or they are paid to do so) will be so free to selectively posted negative articles regularly/smear campaign to undermine a particular country and their government system.

Just ask any India poor what India government had done to eradicate poverty in India?

Posted by qqq47660 > 2023-08-01 13:12 | Report Abuse

foxconn is classified as fox in China already..............better for foxonn to all in in India.

Posted by IDQWE001 > 2023-08-01 13:21 | Report Abuse

Dont understand got people not to use his own photo but using celebrity photo as his own profile.

Posted by qqq47660 > 2023-08-01 13:23 | Report Abuse

Just ask any India poor what India government had done to eradicate poverty in India?
====


India will remain a feudal country for a long long time. Even with foreign investments, the country will remain a feudal country and the poor will provide cheap labor for capitalists.

Posted by IDQWE001 > 2023-08-01 13:23 | Report Abuse

CCP could classify Nvidia & AMD his own industry as long as CCP need for publicity but who care. Lol.

Posted by qqq47660 > 2023-08-01 13:24 | Report Abuse

2 Malaysia Chinese who want to see China die. But China will not die. It's just disgusting that is all.

Posted by foongsh > 2023-08-01 13:25 | Report Abuse

Posted by IDQWE001 > 2 minutes ago | Report Abuse

Dont understand got people not to use his own photo but using celebrity photo as his own profile.

May be that celebrity pay him to do so or blindly admire to celebrity.

Posted by foongsh > 2023-08-01 13:26 | Report Abuse

Posted by IDQWE001 > 39 minutes ago | Report Abuse

When typical chinese has nothing to back-up their view, this is what normally they would do to manupulate us thru their own understanding of moral or racial card hijacking our emotion feeling of guilty.

You are right most of the CCP supporters trying to play race cards it manupulates all Chinese MUST support CCP. CCP does not represent 100% China. Communism and Socialism are not original from ancient China. Those are rubbish from Europe culture.

Some CCP dogs not even could master his ancient language, his parents must be shame on him.

CCP Xi bring the country to wrong direction.

Posted by qqq47660 > 2023-08-01 13:42 | Report Abuse

CCP Xi bring the country to wrong direction.

========

whether ccp xi bring country in right or wrong direction is not for u to say.

most of the people who like to point fingers at others are evangelican christians.

Posted by qqq47660 > 2023-08-01 13:46 | Report Abuse

the real China is united, patriotic, optimistic, happy, know their children lives will be better.......................and all looking forward to 2050.

Posted by qqq47660 > 2023-08-01 13:50 | Report Abuse

2023, China is a very safe place..............people are patriotic, united ...........and very educated.

u want to compare china with Malaysia or America? no compare.

Posted by qqq47660 > 2023-08-01 13:52 | Report Abuse

only Singapore can compare with China............that is because fundamentally Singapore and China shares the same dreams.