Two weeks after being banned from American territory, the Chinese manufacturer Xiaomi retaliates and files a complaint.
Smartphones,
computers, scooters, or even drones and connected speakers, Xiaomi is
multiplying high-tech products and the company must now count without
the investments of the American market. But society does not intend to
let it go.
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A complaint against the United States Defense and Treasury
Reuters reports that Xiaomi has filed a complaint against the United States Department of Treasury and Defense.
According
to Xiaomi, the restriction imposed by the US government is illegal and
unconstitutional. The company claims that it is not associated with the
Chinese Communist Party.
Recall that last month, the US
administration added the company Xiaomi to its blacklist banning US
investments in its favor, due to a suspected affiliation with Xi
Jinping's party. In other words, US officials are concerned that Xiaomi
is collecting too much data from US users on behalf of its government.
In addition, for the US administration, Xiaomi's income would contribute
to China's military development.
The US government believes that
Xiaomi does not respect its trade rules and asks American companies to
stop all investments, which will be considered illegal from March 15.
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Xiaomi put down
For Xiaomi, the consequences of this decision
would cause irreparable damage. The complainant explains that three of
its main shareholders are American. Without the support of the latter,
the company would be undermined on a particularly competitive ground.
Xiaomi
adds that associating its image with the Chinese military greatly
affects its economic relations as well as its reputation with consumers.
The company claims to be 75% owned by the two co-founders Lin Bin and
Lei Jun and that none of the shareholders is linked to a Chinese
military organization.
Huawei or ZTE have also borne the brunt of
this trade war initiated by the presidency of Donald Trump's
government. While Joe Biden's arrival at the White House is seen as a
relief for some, there is no indication that he will pursue a different
trade policy.
However, unlike Huawei, Xiaomi does not have
network equipment that could potentially raise concerns about espionage
problems or undermine the 5G market in the United States. This could be
enough for the United States to backtrack ... To be continued therefore.
Source : Reuters
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