Xiaomi’s fight against New Delhi’s decision to freeze its funds is set to continue, amid ongoing geopolitical tensions
Xiaomi had around US$670 million of funds frozen in India last year amid investigation into overseas payments
India’s financial crime agency has accused Xiaomi of making illegal remittances to foreign entities and passing them off as royalties
https://www.scmp.com/tech/big-tech/article/3224069/xiaomis-fight-against-new-delhis-decision-freeze-its-funds-set-continue-amid-ongoing-geopolitical