{"id":216012,"date":"2021-03-15T10:00:21","date_gmt":"2021-03-15T10:00:21","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=312242"},"modified":"2021-03-15T10:00:21","modified_gmt":"2021-03-15T10:00:21","slug":"xiaomi-investment-ban-put-on-hold","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2021\/03\/15\/xiaomi-investment-ban-put-on-hold\/","title":{"rendered":"Xiaomi investment ban put on hold"},"content":{"rendered":"

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\tA US court ordered a temporary halt to a Department of Defence ban on investments in smartphone maker Xiaomi, stating the government failed to show sufficient evidence of links between the company and China\u2019s military.<\/p>\n

Xiaomi expressed pleasure with the ruling in a statement noting it believes a designation of it as a Communist Chinese military company was \u201carbitrary and capricious”.<\/p>\n

The company said it will continue to request the court permanently remove the designation.<\/p>\n

In the ruling, a federal US judge explained a preliminary injunction on the ban aimed to prevent Xiaomi from suffering \u201cirreparable harm in the form of serious reputational and unrecoverable economic injuries\u201d.<\/p>\n

The judge added the ban deprived Xiaomi of its right to due process.<\/p>\n

\u201cXiaomi 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 People\u2019s Republic of China or its security services,\u201d the judge stated.<\/p>\n

The vendor mounted a legal challenge [1] to the US government action last month, arguing the designation was “factually incorrect”.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/devices\/news-devices\/xiaomi-files-lawsuit-to-overturn-us-investment-ban<\/p>\n\n

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A US court ordered a temporary halt to a Department of Defence ban on investments …<\/p>\n

The post Xiaomi investment ban put on hold<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":248,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Xiaomi investment ban put on hold - ITTeacherITFreelance.hk","description":"A US court ordered a temporary halt to a Department of Defence ban on investments ... The post Xiaomi investment ban put on hold appeared first on Mobile World"},"footnotes":""},"categories":[11,8],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/216012"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/248"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=216012"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/216012\/revisions"}],"predecessor-version":[{"id":216013,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/216012\/revisions\/216013"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=216012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=216012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=216012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}