The US government has agreed to remove Xiaomi from Trump’s list of executives after the company filed a lawsuit earlier this year, according to court documents they have seen Bloomberg. Xiaomi was he added to a list of U.S. military forces that are said to be Chinese troops in January, which would have hindered American spending on the company.
“The parties have agreed on a progressive approach to resolving these cases without the need for negotiations,” the statement said. Some are limited, but both have filed another petition in May before May, according to Bloomberg.
Towards the end of Trump’s tenure, the US Department of Defense announced that Xiaomi was being controlled by the Chinese military and part of China’s “mixed military” training unit. Xiaomi filed the lawsuit two weeks later, claiming that the two co-founders had 75% voting rights and no military and personal ties. It also said that three of the shareholders in the known stock were US financial institutions.
In March, a U.S. court overturned the ruling, saying Xiaomi could change everything. It also enacted a law to prevent suffering “invariably.” So far, Pentagon, Xiaomi and China officials have not commented on the matter.
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