Date:15/01/21
The US government has blacklisted Chinese smartphone maker Xiaomi and China's third-largest national oil company for alleged military links, heaping pressure on Beijing in President Donald Trump's last week in office.
The Department of Defense added nine companies to its list of Chinese companies with military links, including Xiaomi and state-owned plane manufacturer Commercial Aircraft of China (Comac).
US investors will have to divest their stakes in Chinese companies on the military list by November this year, according to an executive order signed by Trump in November.
Xiaomi, 8 more Chinese companies blacklisted by US Government over alleged military links
The US government has blacklisted Chinese smartphone maker Xiaomi and China's third-largest national oil company for alleged military links, heaping pressure on Beijing in President Donald Trump's last week in office.The Department of Defense added nine companies to its list of Chinese companies with military links, including Xiaomi and state-owned plane manufacturer Commercial Aircraft of China (Comac).
US investors will have to divest their stakes in Chinese companies on the military list by November this year, according to an executive order signed by Trump in November.
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