Chinese worldwide giants like Huawei, Alibaba and others having an immediate or aberrant connection with the Chinese Army and could soon face action in India. These companies are among 7 Chinese companies which the government sources guarantee having profound connections with the People’s Liberation Army (PLA).
The 7 Chinese organizations under the scanner are Xindia Steels, Xinxing Cathay worldwide, China electronic technology group, Huawei, Alibaba, Tencent, SAIC motor company. Government sources say that “these organizations are under watch and could confront likely activity”.
Alibaba, Tencent, Huawei, Xindia Steels Ltd which is considered as one of the biggest joint endeavors among India and China; Xinxing Cathay International Group which has set up an assembling office in Chhattisgarh with a speculation of Rs 1,000 crore; China Electronics Technology Group Corporation and SAIC Motor Corporation Limited.
The advancement comes after New Delhi restricted 59 Chinese applications in the nation and is provoked by a US-China Economic and Security Review Commission, a congressional commission of the US which said that the Chinese government’s military-common combination strategy means to prod development and financial development through a variety of approaches and other government-upheld components, including investment (VC) reserves, while utilizing the products of regular citizen advancement for China’s defence area.
“This brings up direct issue blemish on Chinese VC interests in India including large names like Alibaba and Tencent,” the government said in an internal note.
It comes even as India last month banned 59 Chinese apps, including the highly popular TikTok app, after a violent confrontation at Line Of Actual Contol (LAC) in eastern Ladakh, in which 20 soldiers Indians were dead. Chinese forces also suffered losses but did not provide a figure.