China to India on ED raid on Vivo: Abide by law
July 07, 2022  10:48
EAM S Jaishankar with Chinese FM Wang Yi
EAM S Jaishankar with Chinese FM Wang Yi
Statement from China on the ED raids on Vivo premises. 

Zhao Lijian, Chinese MoFA Spox: "We hope the Indian authorities will abide by laws as they carry out the investigation and enforcement activities and provide a truly fair, just, and non-discriminatory business environment for Chinese companies investing and operating in India. 

"The Chinese side is closely following developments (on ED raids on Vivo). The Chinese govt has always asked Chinese companies to abide by laws and regulations when doing business overseas. 

"We firmly support Chinese companies in safeguarding their lawful rights and  interests," the Chinese MoFA Spox said.

Chinese directors Zhengshen Ou and Zhang Jie of a firm GPICPL, in association with mobile maker Vivo, fled India last year, an Enforcement Directorate official informed on Thursday.

The official corrected the report which mentioned that Zhengshen Ou and Zhang Jie were directors of Vivo and they fled when the ED intensified its inquiry into the money laundering case against the Chinese firm and conducted raids over 40 locations in connection with the case. "Zhengshen Ou and Zhang Jie are directors of GPICPL, a firm associated with mobile maker Vivo, and they fled last year," the ED official told ANI requesting anonymity.

Today, EAM S Jaishankar met with his Chinese counterpart Wang Yi in Bali as the two "focused on specific outstanding issues in the bilateral relationship pertaining to the border situation. They also spoke about other matters including students and flights."
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