Xiaomi Wins Court Ruling Halting U.S. Investment Ban

on Xiaomi Corp. , calling the decision to blacklist the Chinese technology giant “deeply flawed.”

Ordering a temporary halt to the ban in a decision late Friday, Judge Rudolph Contreras cast doubt on the Pentagon’s decision in January to designate Xiaomi a company with links to the Chinese military. Mr. Contreras said the U.S. failed to convincingly show such links in prior filings with the court.

“Xiaomi is a publicly traded company that produces commercial products for civilian use, is controlled by its independent board and controlling shareholders, and is not effectively controlled or associated with others under the ownership or control of the PRC or its security services,” the judge said in the opinion.

Xiaomi said it was pleased with the judge’s ruling and said it will seek permanent removal of the investment ban. The Pentagon didn’t immediately respond to a request for comment.

Good!!

You do not stop the expansion of a chinese dictatorship, humanity will be under threat

Why China not ban iPhone? Who is silly coward? Who is accused wrongly? Who is the victim of political game?

Illegal immigrant

All Myanmar people boycott all Chinese facilities and goods. We condemn the Chinese Government for supporting the Burma Military Junta. The Military Junta forces are Dictators. They do Genocide on Myanmar people.

This court should also ensure free market access for US Technology companies in China ... which it can't !

More good news please(((

receiving 4,350USD after investing 500USD, this is what I never expected. Thanks for putting an undying smile on my face MarvelousArthur

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Xiaomi wins court ruling halting U.S. investment banA federal judge has blocked enforcement of the U.S. investment ban on Xiaomi Corp., calling the decision to blacklist the Chinese technology giant “deeply... 'Xiaomi wins court ruling' - unlike you when you'll end up in jail for market collusion for helping out your friends at Melvin and Citadel by publishing in advance stuff that hadn't happened to $GME and $AMC yet ,in order to spread FUD. Shame on you, crooks. 🤡🤡🤡🤡 People need a little more good news now. xiaomi is chor
Source: MarketWatch - 🏆 3. / 97 Read more »

Court ruling suspends U.S. ban on investment in XiaomiA U.S. federal judge on Friday temporarily blocked the Department of Defense from forcing American investors to divest from Chinese smartphone maker Xiaomi Corp on the grounds the company has ties to China's military. Everyday of my life I keep thanking God for directing me to your path you are Godsent now I'm debt free kellybrian_ thanks 🙏🏻 for proper trade, Am super excited right now. I can now pay my bill and take good care of my family. Thank you for bringing happiness to my home, with just an investment of $590 I got $6,350. I am now debt free Jasonsallm_ US and many other countries posted sanctions on the businesses owned by Burmese Senior General Min Aung Hlaing and his family. AZURA BEACH RESORT in Myanmar is one of their properties. Please take it down to help us. TripAdvisor priceline hotelsdotcom agoda bookingcom
Source: Reuters - 🏆 2. / 97 Read more »