Xiaomi files legal complaint against US Defense, Treasury ban
Xiaomi files legal complaint against US Defense, Treasury ban Published On It added that a "substantial number" of its shareholders were U.S. persons. SHANGHAI (Reuters) - Xiaomi Corp filed a complaint in a Washington district court on Friday against the U.S. Defense and Treasury Departments, seeking to remove the Chinese smartphone maker from an official list of companies with ties to China’s military. The Defense Department, under the Trump administration in mid-January, added Xiaomi and eight other companies to the list, which requires American investors to divest their holdings in t...
Source: dunyanews.tv