You can now add Xiaomi to the list of Chinese companies Donald Trump has banned
The ban comes as part of a wider ban put in place by the Trump administration.
Announced this week, Xiaomi has been designated a “Communist Chinese military company.” An additional eight Chinese companies have been given the same designation, but Xiaomi is definitely the most relevant one.
This is different from the Huawei ban, which forbids US companies from working with it.
So, what does this designation mean? Basically, as CNET puts it, it means that the company is “blacklisted from receiving investments from US citizens or organizations.”
Xiaomi also tells CNET that it complies with all US laws, stating, “The Company reiterates that it provides products and services for civillian and commercial use,” a Xiaomi spokesperson said. “The Company confirms that it is not owned, controlled or afilliated with the Chinese military, and is not a ‘Communist Chinese Military Company.”
This is just the latest batch of bans from the Trump administration, just last week, they banned an additional eight companies, including Alipay, WeChat Pay, and more.
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