Tag: Vivo

India Is Helping Sri Lanka Lessen Dependence on China: Expert

September 3, 2022
Asia & PacificChinahambantotaIndiaSolomon IslandsThreat from Communist ChinaUS-China relationsVivoWorldXiaomi
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India is helping Sri Lanka reduce its dependence on China, according to Cleo Paskal, an associate fellow at the Asia-Pacific Programme at London-based Chatham House. “India has been extending loans, and it sent fertilizer. It’s been really trying to–again–on the political warfare front, create a situation where Sri Lanka isn’t so dependent on China,” Paskal…

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More Chinese Companies Accused of Customs Fraud in India, OPPO May Face Severe Penalties

July 23, 2022
Asia & PacificChinaChina Business & Economycustoms feesHuaweiOnePlusOppotechnologyVivoWorldXiaomi
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Following in the footsteps of Xiaomi and Vivo, another Chinese tech company has been accused of violating laws in India. The Chinese smartphone giant Guangdong Oppo Mobile Telecommunications Corp., Ltd. (OPPO) is accused of evading more than $571 million in import duties. On July 13, the Directorate of Revenue Intelligence (DRI), India’s anti-smuggling agency, issued…

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India Seizes $58.7 Million From Chinese Smartphone Maker Vivo Over Tax Evasion

July 8, 2022
Asia & PacificChinaIndiaInternational RelationsVivoWorld
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India’s anti-money laundering agency said on Thursday that it seized 119 bank accounts containing 4.65 billion rupees ($58.75 million) from Indian businesses linked with Chinese smartphone maker Vivo for tax evasion. The Indian Enforcement Directorate said that Vivo India remitted 62.47 billion rupees ($7.9 million), or almost 50 percent, of its total turnover outside the…

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