Chinese manufacturer Vivo is facing suspicion from the Indian state, which has taken a bit more interest in the company to the point of seizing $59.4 million from the company, from 119 bank accounts.

This investigation follows suspicions of money laundering by Vivo in India according to the “Director of Enforcement” (ED) service, which aims to enforce the law and monitor fraud.

Vivo guilty of the Indian state?

In fact, this action taken by the state of India on the Vivo company reported the action to no less than 48 offices of the company. This allowed ED to block no less than $59.4 million from the company, from 119 bank accounts.

A major act that has not gone unnoticed by Chinese leaders who, if they are against fraud and have a tough enough policy on the subject, lament that once again the Indian state has taken an interest in a new Chinese company. .

Indeed, some time ago the ED had an interest in Xiaomi. In addition, the Indian state has decided to adopt stricter policies against Chinese apps used by its citizens. We are talking here specifically about apps like TikTok and others. For the Indian state, this could be a breach of security and a leak of personal data to a Chinese company. As a reminder, this is one of the directives put forward by the United States against TikTok on its territory.

Political tensions in perspective?

Meanwhile, Wang Xiaojian, representative of the Chinese Embassy in India, pointed out that these “frequent investigations” of Chinese companies disrupt normal business activities and undermine goodwill, and also hinder the improvement of the business environment in India and reduce trust and willingness to invest. and operate in that country.

Should we expect a new diplomatic war between India and China like the one between China and the United States?