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Trump administration takes final swipes at China and its companies

The United States announced sanctions on Chinese state-owned enterprise and military officials on Thursday and added Chinese oil giant CNOOC to a . ....

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U.S. Blacklists Xiaomi in Widening Assault on China Tech

U.S. Blacklists Xiaomi in Widening Assault on China Tech
Bloomberg
1/15/2021
Bloomberg News
(Bloomberg) Xiaomi Corp. plunged a record 10% after the Trump administration blacklisted China’s No. 2 smartphone maker and 10 other companies, broadening efforts to undercut the expansion of the country’s technology sector.
The U.S. has targeted scores of Chinese companies for the stated purpose of protecting national security, but going after Xiaomi was unexpected. The Beijing-based company has been viewed as China’s answer to Apple Inc., producing sleek smartphones that draw loyal fans with each new release. The company, which vies with Huawei Technologies Co. for the title of China’s No. 1 mobile device brand, also makes electric scooters, earphones and smart rice cookers. ....

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US bans Chinese companies | US blacklists 9 more corporations with ties to Chinese military

Updated Jan 15, 2021 | 07:46 IST
In November last year Trump had signed an executive order that prohibited Americans from investing in the blacklisted firms.
US bans nine Chinese companies | Photo Credit: ANI
Washington DC: The US Department of Defence on Thursday blacklisted nine more Chinese corporations, including phone maker Xiaomi for allegedly being owned or controlled by China s military.
The Department had in June 2020 released to Congress, its initial list of companies that are deemed to have military ties while operating as civilian firms. It added to the list more companies in December 2020. With Thursday s updated list there are now over 40 companies that have been blacklisted. ....

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US blacklists 9 more corporations with ties to Chinese military

US blacklists 9 more corporations with ties to Chinese military
ANI |
Updated: Jan 15, 2021 04:56 IST
Washington [US], January 15 (ANI): The US Department of Defence on Thursday blacklisted nine more Chinese corporations, including phone maker Xiaomi for allegedly being owned or controlled by China s military.
The Department had in June 2020 released to Congress, its initial list of companies that are deemed to have military ties while operating as civilian firms. It added to the list more companies in December 2020. With Thursday s updated list there are now over 40 companies that have been blacklisted.
The Defence Department released names of additional Communist Chinese military companies operating directly or indirectly in the United States in accordance with the statutory requirement of Section 1237 of the National Defense Authorization Act for Fiscal Year 1999, as amended. ....

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A Trump who can't tweet blacklists Xiaomi

In an eleventh-hour move, the Trump administration bans US investors from owning shares in Xiaomi and other Chinese tech companies. ....

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