Court ruling suspends US ban on investment in Xiaomi

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A United States federal judge on Friday (Mar 12) temporarily blocked the Department of Defense from forcing American investors to divest holdings ...

US District Judge Rudolph Contreras in Washington said on Friday that the court"concludes that defendants have not made the case that the national security interests at stake here are compelling".

Contreras's decision came on the same day that US regulators listed Huawei and ZTE among Chinese telecom gear firms deemed a threat to national security, signalling that a hoped-for softening of relations is not on the cards.

 

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