India Arrests Chinese Man Amid Raids on Companies Running 11 Small Loans Apps

Screenshot of the app, Cash Bus on Google Play that a Chinese national was operating in India for giving small loans. The app was still on Google play on Dec. 27, 2020. Venus Upadhayaya/Epoch times

NEW DELHI—India arrested on Dec. 25 a Chinese man who managed companies that operated at least 11 apps offering small loans at extremely high interest rates to Indian people between the ages of 20 and 40.

Experts see the potential for the regime in Beijing to gather large amounts of data on Indian citizens through the apps, and for this data to be used to infiltrate Indian society, politics, and economic system.