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A Chinese invasion, albeit with a difference

A Chinese invasion, albeit with a difference
Oppo's FDI application approved for single-brand retail trading The government has approved the foreign direct investment (FDI) applications of Chinese smartphone manufacturer Oppo and lingerie retailer Zivame, gifting brand Chumbak and two other firms. On Tuesday, the Foreign Investment Facilitation Portal (FIFP) approved single-brand retail trading for Oppo for an unspecified amount. The company had been one of the first to apply under the liberalised FDI norms, first updated by the ...
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