The Trump administration has put Xiaomi and eight other Chinese companies on an investment blacklist. This will require American investors to divest their holdings in these companies by November.
The U.S. Department of Defense has put Xiaomi and eight other Chinese firms on an investment blacklist that prevents American investors from investing in these companies. All existing American investors will also have to divest their holdings in the backlisted firms by November 11,2021. Huawei is already a part of this blacklist.
