India, a large country with a population of 1.3 billion, has lagged behind China in economic development. In recent years, India has been adopting a confrontational and hostile attitude in an attempt to hinder the development of Chinese companies in India.
Recently, India has taken a ** down on Chinese mobile phone brands Vivo and Xiaomi, arresting executives under various pretexts, freezing funds, and even threatening to confiscate their assets in India. These actions not only violate international law and market rules, but also damage India's own image and interests. Why is India so vexatious with Chinese companies?What is its purpose and consequences?
China and India are both two large countries in Asia with a long history and culture. However, the development paths and levels of the two countries are very different. After the reform and opening up, China has achieved rapid economic growth and social stability and progress, and has become the world's second largest economy and the largest country.
Although India has also carried out some reforms, it is still a poor and backward country due to the chaos of the political system, the injustice of the social system, the backwardness of the infrastructure, and other reasons, the economic growth is slow, the social problems are serious, and it is still a poor and backward country.
China's success has made India feel jealous and unwilling, and it has tried to challenge and resist China's influence through various means. Internationally, India has allied itself with the United States and other Western countries to participate in the so-called "Indo-Pacific strategy" in an attempt to contain China's rise. Regionally, India has clashed with its neighbors, such as Pakistan and Nepal, in an attempt to assert its hegemony. Domestically, India has imposed a series of restrictions and crackdowns on Chinese companies and products in an attempt to protect its home market.
India's crackdown on Chinese companies is a manifestation of incompetence and rage. India cannot compete head-on with China in the economic, scientific, technological, military, and other fields, and can only retaliate against and interfere with China by adopting abnormal means. These actions of India have not only failed to achieve the desired results, but have led to its own losses and difficulties. India's suppression of Chinese companies has harmed the legitimate rights and interests of Chinese companies and violated international law and market rules.
Under the pretext of money laundering, tax evasion, and violation of foreign exchange management laws, India has raided Chinese mobile phone brands such as vivo and Xiaomi, arrested executives, and frozen funds, which are unreasonable accusations and malicious slander against Chinese companies, and are serious infringements on Chinese companies.
These actions also violate the bilateral and multilateral agreements signed between India and China, the rules of the world organization, and the principles of the market economy. These behaviors will cause strong opposition and strong opposition from China and enterprises, and will also be condemned and sanctioned by the international community.
Second, India's suppression of Chinese companies has damaged India's own image and interests, and has also affected India's development and stability. The investment and operation of Chinese enterprises in India has provided India with a large number of employment opportunities, tax revenues, technology transfer and social welfare. Chinese mobile phone brands such as vivo and Xiaomi have established production bases and R&D centers in India, employing tens of thousands of Indian employees to provide cost-effective products and services to Indian consumers.
India's crackdown on these Chinese companies will not only lead to the loss and withdrawal of these companies, but also lead to the loss of these interests and resources for India. India's actions will also damage India's international image and credibility, reduce India's attractiveness and competitiveness, and affect India's economic growth and social stability.
India's crackdown on Chinese companies is actually a reluctant compromise. Although India has ostensibly imposed a series of restrictions and suppressions on Chinese companies, in fact, it has not completely cut off cooperation and exchanges with Chinese companies.
India is also aware that the presence and role of Chinese enterprises in India is indispensable and beneficial to India. Therefore, India also leaves a certain amount of leeway and room for maneuver in its crackdown on Chinese companies, so that it can adjust and compromise at the appropriate time.
India's crackdown on Chinese companies has not completely expelled Chinese companies, but has taken some flexible and selective measures. For example, the freezing of funds and the arrest of executives of Chinese mobile phone brands such as Vivo and Xiaomi in India have been carried out under the supervision and intervention of Indian courts, rather than unilateral administrative decisions.
Indian courts have also given Chinese companies the opportunity to appeal and defend themselves, and in some cases, even reversed or mitigated the decisions of the Enforcement Directorate. These measures show that India has not completely closed the channels of communication and consultation with Chinese companies, but has retained a certain amount of legal and market space.
India's crackdown on Chinese companies is a manifestation of incompetence and rage, and it is also a kind of helpless compromise. India is unable to compete fairly and reasonably with China in all fields, and can only interfere and retaliate against China by adopting abnormal means.
India's actions not only violate international law and market rules, but also damage India's own image and interests, and also affect India's development and stability. India is also aware that the presence and role of Chinese enterprises in India is indispensable and beneficial to India. Therefore, India also leaves a certain amount of leeway and room for maneuver in its crackdown on Chinese companies, so that it can adjust and compromise at the appropriate time. Two Vivo executives were arrested in India