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Xiaomi temporarily out of the “black” list of the USA

The Chinese mobile phone manufacturer Xiaomi was temporarily removed from the “black” list, which was included in the administration of former US President Donald Trump, following a decision by a Washington judge pending the relevant decision of the American justice.

The US Treasury Department, which blacklisted Xiaomi, “did not show that the national security interests at stake are imperative,” he said.

Therefore, Xiaomi should be removed from this list, at least temporarily, while the ban imposed on American investors to buy shares of the company is suspended. At the same time, it is forbidden to characterize it as a “Chinese, military, communist company”.

Just six days before the end of Trump’s presidency, the US government had made a series of statements against Xiaomi, but the popular Bitcoin platform TikTok, and the Chinese oil company CNOOC.

Xiaomi, which overtook Apple in 2020 to become the third largest smartphone maker in the world, is one of nine Chinese companies on the blacklist. The Trump administration has accused them of being linked to the Chinese military.

The judge’s ruling was announced on the day the US Telecommunications Regulatory Authority (FCC) declared five Chinese companies, including Huawei and ZTE, a threat to US national security.

The announcement, which follows the line of the previous US administration, dashes hopes of improving relations between Washington and Beijing after the election of Joe Biden.

The Chinese telecommunications giant has been at the center of the Sino-US confrontation for several years now, in the context of the trade and technology war between the two largest world powers.

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