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Xiaomi is now not blacklisted by the US authorities

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The Chinese language firm Xiaomi is now not blacklisted by the US authorities, following a lawsuit to US courts. Based on Bloomberg, sides agreed “upon a path ahead that will resolve this litigation with out the necessity for a contested briefing”, which means the US Protection Division backed down from de-listing the producer from world benchmark indexes.

The battle first started in November 2020, when former US President Donald Trump designated Xiaomi as a “Communist Chinese language navy firm”, barring Americans and firms from investing or coping with the maker.

Xiaomi…

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