https://techcrunch.com/2022/07/07/china-india-business-confidence-vivo/

“Frequent” investigations into local units of Chinese firms by Indian authorities “impedes the improvement of business environment” in India and “chills the confidence and willingness” of other foreign nation’s businesses to invest and operate in the South Asian market, China’s embassy in India said in a statement, following raids into Vivo offices earlier this week.

“The frequent investigations by the Indian side into Chinese enterprises not only disrupt the enterprises’ normal business activities and damage the goodwill of the enterprises, but also impedes the improvement of business environment in India and chills the confidence and willingness of market entities from other countries, including Chinese enterprises to invest and operate in India,” Wang Xiaojian, Spokesperson of Chinese Embassy in India Counsellor, said in a written statement.