Xiaomi won the lawsuit, and the United States is forced to temporarily lift sanctions on the company. This is a ban on investing in a Chinese company for American investors.
Kiev. Ukraine. Ukraine Gate – March 13, 2021 – Technology
According to the Wall Street Journal, the federal court blocked the implementation of the US ban on investment in Xiaomi, calling the decision to include the Chinese company in the “black” list “deeply wrong.”
The US decision was suspended only for a while. It will be recalled that the Pentagon called for blacklisting Xiaomi allegedly because of its ties to the Chinese military. The court said that the United States has not been able to provide convincing evidence that such a connection exists.
The judge said that Xiaomi is a public company that creates commercial products for civilian use, controlled by an independent board and shareholders. The company is not affiliated with the Chinese authorities and security services.
Now Xiaomi intends to achieve a complete lifting of US sanctions.
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Source: Ukrgate