China’s Oppo has cancelled the live online launch of its flagship smartphone in India on Wednesday after a border clash between the two countries that has renewed calls from local Indian trader groups to boycott Chinese products.
The clashes risk souring sentiment for big Chinese investors who were eyeing the Indian market and already faced pressure as anti-China sentiment festered during the coronavirus outbreak.
Chinese firms such as Great Wall, SAIC and Bytedance have placed major bets on India, where investors like Alibaba also fund many startups. Chinese smartphone brands, including Oppo and Xiaomi, account for eight of every 10 smartphones sold in India.
To launch the phone, the company instead uploaded a 20-minute, pre-recorded video which included a brief highlight of Oppo’s efforts to support Indian authorities in preventing the spread of coronavirus.
Oppo did not respond to Reuters’ request on why the live launch was cancelled, but a person familiar with the company’s thinking said the decision was taken to avoid any possible uproar on social media.
Even before the border clashes, New Delhi in April changed its foreign investment policy for neighbouring countries, a move that upset Chinese investors as the Indian government now screens all incoming investments from there.
The Confederation of All India Traders, a group representing roughly 70 million brick-and-mortar retailers, said on Wednesday its members will boycott imported Chinese goods despite the loss their businesses will suffer.