Dragon’s tension increased due to raids on Chinese companies including Vivo, foreign investors started crying out for lack of confidence

Dragon’s tension increased due to raids on Chinese companies

Image Credit source: Symbolic

There have been allegations of fraud against Vivo in India. Because of which ED has raided these companies. The situation is that two directors of a company associated with Vivo have fled the country.

<!–

अब पेश है सुबह 11 बजे की ताज़ा ख़बरें

–>

TV9 Hindi

TV9 Hindi , Edited By: Saurabh Sharma

Jul 07, 2022 | 1:03 PM




ED’s action on Chinese companies has increased the tension of the Chinese government. The situation is that Dragon is now clamoring for worsening investor sentiments. However, it is believed that China’s troubles have increased after seeing the reins of Chinese companies around the world. There have been allegations of corruption against Chinese companies in many countries, with which many Chinese companies have been blacklisted in Europe and America. There have been allegations of fraud against Vivo in India. Because of which ED has raided these companies. The situation is that two directors of a company associated with Vivo have fled the country.

(Update in news continues)