Post by account_disabled on Feb 18, 2024 3:02:18 GMT -4
Donald Trump is killing himself. The outgoing US president has included Xiaomi on a list of companies linked to the Chinese military. An executive order prohibits Americans from investing in companies that are part of this list. It is not the same list of entities that Huawei has been part of since 2019, by which American companies are prohibited from exporting or selling technology to it. Donald Trump has made this decision less than a week before the inauguration day of his successor, Democrat Joe Biden. Furthermore, he does so immersed in a harsh controversy, with a new impeachment process approved by the House of Representatives accused of having incited violence during the first week of January, which ended up leading to the assault on the Capitol.
According to the Financial Times , it was the US Pentagon that included the Chinese manufacturer Xiaomi on a list of companies linked to the Asian giant's armed forces. At the end of last year, Xiaomi surpassed Apple as the manufacturer that had sold the most mobile terminals worldwide. The measure implies that American investors will no longer be able Europe Cell Phone Number List to acquire shares of the Chinese multinational , and those who already have titles will have to divest. Xiaomi presents 2 new phones, a security camera and a smart watch at its first event of the year Xiaomi sources, for their part, defend that the company operates "in accordance with the laws and regulations in force in the jurisdictions in which it does business."
Also that its products and services are for "civil and commercial" use and it rejects ties with the Chinese army. A spokesperson for the firm advances that Xiaomi will take action to defend itself and its shareholders. They subsequently ratified their reaction with a statement in which they stated that they are not "any Chinese military communist company" and insisted that they will take action. They also wanted to include Alibaba or Tencent on the list Xiaomi's price in North American territory fell to double digits as soon as the news became known. The Trump Administration departments in charge of the country's defense also wanted to include other Chinese multinationals on this blacklist, such as Alibaba, Tencent or Baidu, but Treasury Secretary Steve Mnuchin would have avoided it. According to the Financial Times , Mnuchin avoided including these three Asian multinationals, considering that the move would harm American investors.
According to the Financial Times , it was the US Pentagon that included the Chinese manufacturer Xiaomi on a list of companies linked to the Asian giant's armed forces. At the end of last year, Xiaomi surpassed Apple as the manufacturer that had sold the most mobile terminals worldwide. The measure implies that American investors will no longer be able Europe Cell Phone Number List to acquire shares of the Chinese multinational , and those who already have titles will have to divest. Xiaomi presents 2 new phones, a security camera and a smart watch at its first event of the year Xiaomi sources, for their part, defend that the company operates "in accordance with the laws and regulations in force in the jurisdictions in which it does business."
Also that its products and services are for "civil and commercial" use and it rejects ties with the Chinese army. A spokesperson for the firm advances that Xiaomi will take action to defend itself and its shareholders. They subsequently ratified their reaction with a statement in which they stated that they are not "any Chinese military communist company" and insisted that they will take action. They also wanted to include Alibaba or Tencent on the list Xiaomi's price in North American territory fell to double digits as soon as the news became known. The Trump Administration departments in charge of the country's defense also wanted to include other Chinese multinationals on this blacklist, such as Alibaba, Tencent or Baidu, but Treasury Secretary Steve Mnuchin would have avoided it. According to the Financial Times , Mnuchin avoided including these three Asian multinationals, considering that the move would harm American investors.