Vivo money laundering case: Don’t discriminate against our firms, China warns India; Beijing to give protection to 2 accused | India News
NEW DELHI: Beijing will be providing consular protection and assistance to two Chinese employees of smartphone manufacturer Vivo, who were recently arrested by the Enforcement Directorate (ED) in connection with a money laundering probe.While strongly urging India not to discriminate against Chinese companies, foreign ministry spokesperson Mao Ning said: "We are closely following the matter. The Chinese government firmly supports Chinese companies to safeguard their lawful rights and interests."On December 23, the ED had arrested three Vivo-India executives including interim CEO Hong Xuquan alias Terry — a Chinese national, Chief Financial Officer Harinder Dahiya and consultant Hemant Munjal.The trio was taken into custody under the provisions of the Prevention of Money Laundering Act (PM...