This month, the US government out of the blue blacklisted Xiaomi from the Department of Defense due to suspicions that Xiaomi was somehow connected to the Chinese People’s Liberation Army. The sanctions in this case ban US investment in Xiaomi and also force Xiaomi’s current shareholders to sell their shares by November of this year. The day after this high-profile US government decision, Xiaomi released a statement explaining that it has no ties to the Chinese military, and also said that it was going to take «an appropriate course of action to protect the interests» of shareholders and the company as a whole. Well, now it’s time to turn the course of action into reality: Xiaomi has filed a lawsuit against the US government.
Xiaomi has sued the US Department of Defense and the US Treasury. In her statement of claim, she emphasized that she is in no way controlled by the Chinese government or the military and is not associated with them. The company also noted that it manufactures products and provides services exclusively for civil and commercial use. It is also noted that Xiaomi will suffer imminent, serious and irreparable damage if the restrictions come into force.
How the confrontation between Xiaomi and the US government will end is unclear, but many experts agree that under the new president, the practice of blacklisting Chinese companies can be canceled, as well as the decision made in a hurry under the leadership of Donald Trump, since Xiaomi was one of the last to be blacklisted. USA. A little earlier, this happened to the well-known drone manufacturer DJI. Joe Biden in the early days of his reign has already canceled many decisions of his predecessor, and it is very likely that the black list will suffer the same fate — if not completely, then at least partially.