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Xiaomi shares fall 10% as U.S. adds smartphone-maker to ‘blacklist’

16 pointsby seesawtronover 4 years ago

1 comment

DiogenesKynikosover 4 years ago
The &quot;military ties&quot; excuse for blacklisting Chinese companies is getting more and more absurd. It&#x27;s clear that the Trump administration&#x27;s goal is simply to cripple every major Chinese tech company.<p>So far, China hasn&#x27;t really responded, but it&#x27;s hard to believe they&#x27;ll just sit back forever. My guess is that the Chinese government is waiting to see what Biden&#x27;s approach will be, and that they&#x27;ll retaliate if Biden does not roll back some of Trump&#x27;s measures.
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