A judge from the United States lifts the blockade of investments in Xiaomi

The change of administration that we have seen in the United States has not brought as many changes as would have been expected in relation to the treatment of Chinese companies like Huawei.

Where we have seen a change, although not on the political side, but on the judicial side, is with respect to the blockade that was in force on Xiaomi. This company was included in the Defense listAlthough it does not prevent the commercialization of the firm’s products, it does limit the investments of US entities and individuals in it.

A judge from the United States lifts the blockade on Xiaomi

ass="aligncenter wp-image-337559 size-full" title="A judge from the United States lifts the blockade of investments in Xiaomi" src="https://metimetech.com/wp-content/uploads/2021/03/A-judge-from-the-United-States-lifts-the-blockade-of.jpg" alt="A judge from the United States lifts the blockade of investments in Xiaomi" width="800" height="533">

This blockade from the Department of Defense has been temporarily halted by a US federal judge before it went into effect next week.

This blockade forced US investors to sell their stakes in Xiaomi Corp since, according to the government, the company has ties to the Chinese military.

This judicial decision is preceded by a lawsuit filed by Xiaomi in a Washington court in which it described the inclusion in the list of the Department of Defense as “illegal and unconstitutional.”

Despite the mentions that the Communist Party and the Chinese government have made praising Xiaomi, the company alleges that it is not controlled by the People’s Liberation Army.

Federal Judge Rudolph Contreras argued that “the defendants have not convincingly argued that national security interests are at stake. “.

This decision could be reversed by subsequent government moves, although the Biden administration will have to make the decision.

Xiaomi expands in Europe and plans to attack the United States

Xiaomi has signed an agreement with Three to expand into Austria, Germany, Italy, Ireland and Switzerland. Later he will disembark in the United States.

The entry A judge from the United States lifts the blockade of investments in Xiaomi appears first in The Free Android.