Trump administration blacklists Xiaomi as a ‘Communist Chinese military company’


Source: f3nws.com f3nws.com

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Trump administration blacklists Xiaomi as a Communist Chinese military company theverge.com 01/14/2021 23:26:50 Sean Hollister Image: Xiaomi With six days left in office, the Trump administration has decided to put one more Chinese electronics giant in its sights: Xiaomi, the worlds number three phone manufacturer. The US Department of Defense is now designating Xiaomi as a Chinese Communist military company, meaning its now vulnerable to Trumps executive order that bans the US from investing in such companies and might force US companies and other US investors to divest in Xiaomi on November 11th, 2021, as reported by Reuters . While...