An American judge suspends the ban on investing in the Chinese Xiaomi • Hola News March 14, 2021 by uk USA CHINA
New York, Mar 13 (EFE) .- A US federal judge decided to suspend the ban on investing in the Chinese mobile phone giant Xiaomi for considering the arguments of the US Government about its links with the Armed Forces and the Chinese Government “Deeply flawed.”
Federal District of Columbia Judge Rudolph Contreras suspended on Friday night the Defense Department’s determination to include Xiaomi on the blacklist of Chinese technology that pose a risk to national security.
Contreras considered that the decision, imposed by the Donald Trump administration in January, which linked Xiaomi with the Chinese Army, was not properly founded and considers it unproven and therefore remains suspended.
For its part, Xiaomi celebrated the legal victory and assured that it will continue to seek to permanently reject the ban on investing in the company, which forced it to stop selling shares of the technology company in the United States and to ask all its investors in the United States to be get rid of their titles before the year was up.
“Xiaomi is a company that manufactures products for civilian use and is controlled by an independent council and by shareholders and is not effectively controlled or associated with entities under the control of the Government of the People’s Republic of China or its security services” , indicated the judge in his opinion.
The Pentagon had based Xiaomi’s alleged links with the Chinese Government on the delivery of a Chinese state award, but the judge considers that this is not a sufficient reason, since this award has been received by hundreds of entrepreneurs and is becoming the standard in the technology sector.
Xiaomi is one of the victims of the commercial and technological war between the United States and China, which is focused on determining the future in the dominance of the strategic sectors of semiconductors or telecommunications at a global level. READ The Halifax Explosion Of 1917 PDF eBook de Sally M. Walker
The Chinese telecommunications giant Huawei was the main focus in the attempts of the Donald Trump Administration, which culminated on January 20, to limit the influence of Chinese technology companies in the country and therefore was the object of bans to trade and operate, especially with regard to 5G mobile technology.
The social network TikTok, owned by the Chinese company ByteDance, was another of Trump’s objectives due to the potential use that the Chinese government could make of private information or the influence of this video platform in the United States.
At the moment, the actions against TikTok appear not to lead to either a ban or sale of its assets to a US investor, as Trump threatened, and Huawei is also scoring small legal victories against its ban.
The administration of Democrat Joe Biden has remained in the background in this legal battle and has suggested that it will not move until it negotiates the framework of relations with China with its allies. Share this:

This data comes from MediaIntel.Asia's Media Intelligence and Media Monitoring Platform.