At the end of January Xiaomi sued the United States government in order to reverse its blockade. After that, exactly on March 13, a judge ordered the lifting of the investment blockade, now reaching a new agreement in the face of possible blockages in the future.
And it is that apparently, according to the latest report that has begun to circulate on the network, Xiaomi and the United States court have decided to reach a peaceful settlement in order to prevent Xiaomi from being added to the blacklist of companies controlled by the Chinese military.
In itself, we can say that Xiaomi has won its lawsuit against the United States, managing to demonstrate that it is not controlled, in any way, by the Chinese government or its army.
A blockade that had an impact on Xiaomi’s actions
Still, we cannot forget that Xiaomi’s inclusion in the military blacklist caused the value of sour shares will collapse by as much as 30%, in turn causing quite notable losses for investors.
Similarly, Xiaomi has been very brave, proving his innocence at all times and daring to sue a government as imposing as the United States government turns out to be.
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