Trade tensions between US & China will lead to investments in India: Xiaomi CEO
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The founder of Chinese mobile company, Xiaomi, Lei Jun said that the trade-related tensions between the US and China would lead to more investment in India as the Chinese firms will find it difficult to invest in the US. The fight between the 2 nations began after the US imposed tariffs on imported steel and aluminum items from China. Lei said that the Indian market is the most significant market outside China.