印度

China-linked businesses and investors seek comeback in India

Fashion brand Shein, maker of mobile game ‘BGMI’ and venture capital find ways back into world’s most populous market

China-linked tech companies are finding ways to break back into India, giving fresh hope to investors that their businesses can overcome trade tensions between the countries and power new growth.

Online fashion company Shein has pursued an alternative deal structure to relaunch in India in partnership with Reliance Industries, the country’s biggest listed company. It had been among dozens of Chinese apps banned in 2020 over alleged national security concerns following deadly clashes on India’s border with China.

Battlegrounds Mobile India, a shooter game published by the Tencent-backed South Korean company Krafton, relaunched on app stores last week, a year after it was banned allegedly over fears that Indian user data was being transferred to servers in China.

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