Chinese firm Xiaomi to be removed from U.S. blacklist: report

2021-05-12 CGTN Editor:Wang Yifan

China's smartphone maker Xiaomi and the U.S. government have reached an agreement to set aside a Trump administration blacklisting that could have restricted U.S. investment in the company, Bloomberg reported on Wednesday.

In January, nine Chinese firms including Xiaomi were added to a blacklist of alleged Chinese military companies by the U.S. Defense Department under former President Donald Trump.

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