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RSS FeedsXiaomi is the latest to be blacklisted by the Trump administration
(Android Central)

 
 

15 january 2021 03:49:31

 
Xiaomi is the latest to be blacklisted by the Trump administration
(Android Central)
 


American investors can no longer invest in Xiaomi. What you need to know The Trump administration has placed an investment ban on Xiaomi. It`s being alleged that Xiaomi is a `Communist Chinese military company`. American investors have until November 11th to divest their holdings with the company. Not a week before President-elect Joe Biden is inaugurated into office, the Trump administration is taking its last moments to flex its proverbial muscles. Reuters reports that Xiaomi, along with nine other Chinese companies, has been placed on an investment blacklist by the Trump administration. These companies are alleged to be part of the `Communist Chinese military` and American investors are being told to refrain from investing with them. It`s unclear where these allegations stem from, but it`s concerning nonetheless. The U.S. government is making American investors divest their holdings in these companies, and have until November 11th to do so. As XDA-Developers notes, Qualcomm ...


 
74 viewsCategory: Technology > Mobile > Android
 
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