India’s crackdown on China is intensifying. On Tuesday, income tax officials busted a major laundering racket after raiding at least two dozen premises in three cities.

Chinese money laundering racket busted in India & Australia

A day after India's tax department raided Chinese entities uncovering money laundering and hawala transactions in shell companies, the Chinese embassy in Delhi today said that "foreign governments and relevant departments" should enforce the "law impartially" to ensure the "safety and legal rights of Chinese citizens.

Always require overseas Chinese citizens to abide by local laws, says China over India's CBDT raids on Chinese entities linked to money laundering

India's tax department today raided Chinese entities and said that Chinese individuals and their Indian associates were "involved in money laundering and hawala transactions through series of shell entities.

India's tax department raids Chinese entities, uncovers money laundering and 'hawala' transactions