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Relations between the countries have deteriorated since mid-2020, when Chinese and Indian troops clashed on their disputed Himalayan frontier and 24 people were killed. Several Indian government officials, who asked not to be named, said the licensing measure aimed to address a trade imbalance with China. Here are some other Chinese trade and investment ventures affected by Indian measures since 2020:INVESTMENT PLAN BY BYDChina's BYD (002594.SZ) told its India joint-venture partner last month it would shelve plans for a new $1-billion investment to build electric cars after its investment proposal faced scrutiny from New Delhi. It has led to billions of dollars in proposed investment getting stuck in the approval process over the last 3 years. Reporting by Aftab Ahmed Editing by William Mallard and Helen PopperOur Standards: The Thomson Reuters Trust Principles.
Persons: Nick Carey, Xiaomi, China's Tencent, Aftab Ahmed, William Mallard, Helen Popper Our Organizations: REUTERS, Wall, Krafton Inc, South, HK, Thomson Locations: Farnborough, Britain, India, China, New Delhi, HK, South Korean
Krafton says India revoked ban on its battle-royale game
  + stars: | 2023-05-19 | by ( ) www.reuters.com   time to read: +1 min
The government had in July blocked Krafton's title Battlegrounds Mobile India (BGMI), citing concerns about its data-sharing and mining in China. Following a government directive, the app was removed from Alphabet Inc's (GOOGL.O) Google Play Store and Apple Inc's (AAPL.O) App Store. A Facebook page for the title says the game will be available for download soon. New Delhi had, back in 2020, banned another Krafton title, PlayerUnknown's Battlegrounds (PUBG) following which the company launched BGMI. India had ramped up scrutiny of Chinese businesses since a 2020 border clash between the neighbours that led to a ban of more than 300 Chinese apps, including TikTok.
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