• 11/25/2024

India High Court rejects bid to overturn seizure of US$676 million from Xiaomi amid sour India-China tech relations

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

India’s High Court has rejected a plea from Chinese technology company Xiaomi to return funds worth more than US$600 million, which were seized due to alleged foreign exchange violations.

https://www.scmp.com/tech/article/3218188/india-high-court-rejects-bid-overturn-seizure-us676-million-xiaomi-amid-sour-india-china-tech?utm_source=rss_feed