Connect with us

World

Ban On Chinese Apps A ‘Childish Behavior’ As Our Firms Control Over 50% Of Indian Startups – Experts

The Indian government banned a total of 59 Chinese apps including the teen favourite TicTok. India’s IT ministry has announced the banning of 59 Chinese apps that include giants names like TicTok, ShareIt, UC Browser, Likee, WeChat, and Bigo Live. 

Published

on

Experts believe that the Indian ban on 59 apps developed by Chinese corporations will ultimately hurt India’s technology and internet startups as New Delhi only tries to address its domestic audience over recent India-China border clash. 

Image

As EurAsian Times reported, the Indian government banned a total of 59 Chinese apps including the teen favourite TicTok. India’s IT ministry has announced the banning of 59 Chinese apps that include giants names like TicTok, ShareIt, UC Browser, Likee, WeChat, and Bigo Live. 

India Deploys Israeli SPYDER Missiles Along With Akash Air Defence System Near China Border?

The Indian ministry called the Chinese-owned applications as “prejudicial to sovereignty and integrity of India, defence of India, the security of the state and public order.” The Indian Cyber Crime Coordinate Centre under the Ministry of Home Affairs sent an exhaustive recommendation for blocking these “malicious apps”. 

The ministry said that it has “received many complaints from various sources including several reports about the misuse of some mobile apps available on Android and iOS platforms for stealing and surreptitiously transmitting users’ data in an unauthorized manner to servers which have locations outside India.” 

US-India Military Alliance Would Be A Strategic Nightmare For China – Chinese Experts Admit

“The compilation of these data, its mining and profiling by elements hostile to national security and defence of India, which ultimately impinges upon the sovereignty and integrity of India, is a matter of very deep and immediate concern which requires emergency measures,” it continued.

Sha Jun, the executive partner at the India Investment Services Center of the Yingke Law Firm, told the GT that New Delhi’s behaviour was “too childish and emotional” and “it marks a very bad signal for further Chinese investment in India.”

Rafale vs Chengdu J-20: How Will Indian Rafale Jets Compete Against Chinese J-20?

The presence of Chinese investors in India’s high-tech start-up ecosystem has secured the nation a massive standing in recent years not only due to finances brought to the emerging market but also due to the provision of cutting-edge technologies and sound experience to boost markets.

By the end of 2019, more than half of India’s 31 unicorn companies had been invested in by Chinese tech giants Alibaba and Tencent, according to the Iron Pillar Fund. Businesses backed by Chinese capital have diversified – from online payment platform Paytm and delivery platform Zomato to ride-hailing companies like Ola.

India or China: Who Will Russia Support In A Possible Clash Between India & China?

Chinese non-financial investment in India grew 9.7 times from 2020-18, according to China’s Ministry of Commerce. Investment in technology stood out with total investment exceeding $8 billion.  As a result, banning Chinese apps would mean a disaster Indian start-up ecosystem, analysts cautioned.

Zhou Rong, a senior research fellow at the Chongyang Institute for Financial Studies told the GT that the ban is aimed at addressing the anti-China sentiment that has arisen from a recent India-China border clash and would be difficult to execute.

China-Australia Conflict Escalates As Beijing Slams Australia Over Espionage & Instigating Its Nationals

Via: The Global Times

Advertisement
Advertisement

Facebook

FEATURED

F-15EX-india F-15EX-india
Americas5 hours ago

Not The F-16s or F-35s, This Is The World’s Deadliest Fighter Jet With 100 Kills, Without A Single Loss

Over the years, the United States has developed a strategic military partnership with Israel by equipping them with the world’s...

putin-russia putin-russia
EurAsian Region7 hours ago

Russian Sukhoi Su-34 Jet Displays ‘Path-Breaking’ Capabilities; Makes Its First Flight Into The Stratosphere

Russian fighter-bomber aircraft Su-34 carried out a night-time combat exercise reaching to the heights of 15 kilometers at lower stratospheric...

Putin-Macron Putin-Macron
Europe9 hours ago

French President Emmanuel Macron Blames Azerbaijan For Starting Conflict With Armenia

French President Emmanuel Macron on Wednesday voiced solidarity with Armenia amid its conflict with Azerbaijan over disputed Upper Karabakh region....

Israel-Turkey Israel-Turkey
Europe12 hours ago

Greece Turning Into Another Israel: The Way US Backed Israel, EU Is Supporting Greece – Turkish Experts

With growing military confrontations in the Eastern Mediterranean between Greece and Turkey, several European Union (EU) nations have got itself...

Indian-Flag Indian-Flag
Featured12 hours ago

200,000 Muslim Children Disappeared From Uttarakhand Overnight: Another Smear Campaign Or Truth?

A news is getting viral on WhatsApp and Social media in India which EurAsian Times has access to. The news...

INDIA-CHINA-WAR INDIA-CHINA-WAR
Asia Pacific13 hours ago

How India, China Conflict In Ladakh Is Becoming A ‘Test Platform’ For Drone Technology?

In a bid to compete with one another, India and China have been deploying their heavy weaponry and latest armaments...

India-Pakistan ties India-Pakistan ties
Featured14 hours ago

Pakistan Slams India For “Illegally” Freezing Amnesty’s Bank Accounts

Pakistan’s foreign minister – Shah Mahmood Qureshi on Wednesday lamented India “illegally” freezing Amnesty International’s bank accounts and called on...

PAK-DA-RUSSIA PAK-DA-RUSSIA
Featured16 hours ago

Russia, China or The US: Which Country’s Air Force Operates The World’s Fastest Fighter Jets?

Ahead of the dawn of sixth-generation fighter jets including Britain’s “Tempest”, US’ secret fighter under NGAD program, and proposed Russian...

Trillion-Dollar-Infra Trillion-Dollar-Infra
Americas19 hours ago

“Shut-Up Man!”: Donald Trump Has A Face-Off With Joe Biden At US Presidential Debate

US President Donald Trump and Democratic nominee Joe Biden clashed Tuesday evening during a political showdown that repeatedly broke down...

rafale-jets rafale-jets
Featured20 hours ago

After The Rafale Fiasco, How Will Indian Armed Forces Benefit From The Removal Of Offset Clause?

The Rafale fighter jets were back in the media limelight when the Comptroller and Auditor General of India (CAG) reprimanded...

Advertisement