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January 19, 2021

Feds blacklist Xiaomi, 8 other Chinese firms

  • U.S. investors will have to divest their stakes in the companies by November.
  • By ZEN SOO
    AP Technology Writer

    HONG KONG — The U.S. government has blacklisted Chinese smartphone maker Xiaomi Corp. 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 firms with military links, including Xiaomi and state-owned plane manufacturer Commercial Aircraft Corp. of China (Comac).


     
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