China's Xiaomi company was fined sky-high by India, resulting in Xiaomi's 10-year operation in India coming to naught! India confiscated nearly 5 billion of Xiaomi's cash and swiped it directly from the account, without any room for negotiation. The Indian government argued that Xiaomi had paid 55.5 billion rupees, equivalent to about 4.6 billion yuan, to three other companies for royalties, but Xiaomi had not purchased any services from these three companies, in violation of India's foreign exchange control laws, so the funds were seized.
India is not alone in doing this, and India is a magical countryNo matter what kind of company you are, no matter what the background, as long as India has the idea of fining you, you will always find a reason for the punishment, of course, there are almost no companies that can leave India unharmed. Xiaomi's punishment for India is certainly not convinced, Xiaomi said that Xiaomi India is only responsible for the production and sales of Xiaomi mobile phones in India, not for research and development. But these phones are basically developed in China, while adopting Qualcomm's chips and some patent licenses. Therefore, it is reasonable and legal for Xiaomi India to send money to Chinese companies and other companies by paying for copyright.
As long as the Indian government feels that you have a problem, it is useless for you to say anything, and they even openly change the law in order to punish, just to be able to punish the so-called companies involved. India has a poor reputation in the eyes of all companies with foreign trade orders, which is obvious to all. Therefore, you must be cautious in doing business with India, otherwise those who eat it will also be fined.
India's move is still beneficial to us, the more India does, India's economic development can not be smooth, plus India's population will be the world's most populous country in these two years, once India seizes the demographic dividend to develop, it will do us a hundred harms and no benefit, through this Xiaomi company incident, the world will once again see the dirty behavior of the Indian government, indirectly leading to the restriction of India's development, which is of certain benefit to us. After all, we and India have a territorial dispute in southern Tibet. Of course, we can't just let Xiaomi suffer dumb losses, the state should come forward in time to coordinate the handling, after all, our Xiaomi company loses real money.
Different views are welcome to leave a message to discuss!!!