Amid I-T raids, China calls for ‘fair environment’ for cos

3 months ago 26
google news

NEW DELHI: After

Chinese nationals

were raided by the

income tax department

for alleged

money laundering

, Beijing on Wednesday expressed hope that the Indian side will provide a "fair, just and non-discriminatory environment for Chinese enterprises to operate normally in India".
"What I can tell you is that the Chinese government has always asked Chinese enterprises to cooperate with other countries on the basis of compliance with international rules and local laws and regulations, while at the same time remaining committed to safeguarding the

legitimate rights

and interests of Chinese enterprises and citizens," said Chinese foreign ministry spokesperson Zhao Lijian in Beijing responding to a question from Reuters.
The Chinese embassy here said in a separate statement that the Chinese government required foreign governments and relevant departments to enforce the law impartially to ensure the safety and legal rights of its citizens.
The Chinese response came even as the income tax department on Wednesday continued its raids against some Chinese individuals and their local associates in connection with its probe into a Rs 1,000 crore worth cross-border money laundering racket using shell or dubious firms.

  1. Homepage
  2. India