India Scrutinises China-Backed Investments: Paytm, Xiaomi Put Under Lens| Vantage with Palki SharmannIndia's government is scrutinising businesses backed by Chinese investors. This, as global investors are pulling back investments worth billions from Beijing. Indian payments giant Paytm and smartphone maker Xiaomi are reportedly being probed for their investment links to China. As Paytm is facing India's Central Bank's crackdown for non-compliance of regulations, Xiaomi has been under the Indian government's scanner for a while now. Palki Sharma analyses why these companies' ties with China-backed firms have brought them under the government of India's scanner.
