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India's business environment has long been in the spotlight and criticism. Recently, the large fine between Xiaomi and India has sparked widespread controversy, and the incident has involved not only huge fines, but also shocking asset freezes worth up to $4.8 billion. According to media analysis, this incident has become one of the most significant asset confiscation cases in Indian history. However, this is only the tip of the iceberg of India's business environment problems.
First, let's review the background of the matter. A few years ago, a fierce conflict broke out between China and India along the border region of the Himalayas, straining relations between the two countries. India has repeatedly said that relations with China will not return to normal levels until the border issue is resolved. The border issue has its roots in history, so dialogue and negotiation are an effective way to solve the problem. However, India's obstructive actions have prevented any progress on the border issue.
The development of this event can be traced back to India's "pioneering" of the renewal of the visa for resident journalists. According to a Foreign Ministry spokesman, India has imposed restrictions on visa extensions for journalists stationed in India since 2017. Initially, India shortened the validity of visas for Chinese journalists stationed in India from three months to one month for no reason, and in 2020 refused to accept long-term visa applications for Chinese journalists. In one recent case, India also failed to extend the visa of the last Chinese journalist stationed in India, resulting in the journalist's visa having to leave India after it expired. China has always regarded India as a close neighbor, has exercised restraint against some of India's previous wrongful radicalizations, and adopted a dialogue approach to resolve issues. However, India has not valued China's goodwill, and India's approach to visa extensions for resident journalists has been disappointing. Therefore, China has to take reciprocal countermeasures to express its attitude on this matter and protect the legitimate rights and interests of Chinese journalists.
The incident comes amid geopolitical tensions, with both countries refusing to extend visas for each other's resident correspondents, meaning that both sides will no longer allow each other's correspondents into their territory. The Indian media commented on the matter, pointing out that it could bring three major losses to India.
First, the absence of an Indian correspondent in China could increase the risk of miscalculations on both sides, which is not good for foreign affairs in today's increasingly tense geopolitical situation. Second, the evacuation of Indian correspondents in China will prevent people in India from truly understanding China's current situation from an Indian perspective. Third, if all Indian journalists in China withdraw from China, the Indian people can only rely on foreign media reports to understand the situation in China. However, foreign media often report on China with biased and one-sided views, which is easy for the Indian people to misunderstand China.
The China-India border issue originally originated from complex issues left over from history, so communication and negotiation are an effective way to solve the problem. However, India has taken overt and covert obstruction, leaving no possibility of progress on the border issue. It is clear that the worsening of visa issues for Chinese and Indian journalists has exacerbated geopolitical tensions between the two countries. This development is due to India's inappropriate actions on the issue of visa extension for resident correspondents, and China has only taken reciprocal countermeasures to defend its own interests and the rights and interests of journalists.
To sum up, according to the Indian media, this situation may bring three major losses to India, including increasing the risk of miscalculation, limiting the Indian public's understanding of China, and easily leading to misunderstanding of China. Today's world situation is complex and changeable, so resolving the China-India issue requires the two sides to resolve disputes through dialogue on the principle of equality and mutual respect, so as to achieve stable and lasting relations. India's business environment issues still require global attention and ongoing discussion to find solutions.
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