As waiting, US removed Xiaomi from China on government list which barred Americans from buying or storing its goods. The smartphone maker had it he promptly filed a lawsuit opposing its mention as the Chinese Communist Company (CCMC) in January. Today, Xiaomi said the U.S. District Court in the District of Columbia has finally ordered to “leave” the list.
“The company reiterates that it is an open, transparent, publicly traded, independent company,” said Xiaomi President Lei Jun. filtering at a retail market in Hong Kong.
Xiaomi’s removal from the list is a major victory for Chinese technology company – the third-largest manufacturer of smartphones in the world, according to IDC – which warned that the CCMC’s position could lead to “unprecedented problems” for its business.
One of the last laws against Beijing in Trump’s time, the document prohibits Americans from investing in companies suspected of sponsoring the Pentagon. Xiaomi is not the only Chinese company celebrating today. Luokung Technology, a major informant who also acted against CCMC nominees, was also removed from the list.
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