Exclusive: Trump administration adds China’s Comac, Xiaomi to Chinese military blacklist

16-Jan-2021 Intellasia | Reuters | 6:02 AM Print This Post

The Trump administration on Thursday added nine Chinese firms to a blacklist of alleged Chinese military companies, including planemaker Comac and mobile phone maker Xiaomi, according to a document seen by Reuters.

A Commercial Aircraft Corporation of China (COMAC) logo is pictured at their booth at the Singapore Airshow February 12, 2014. (Reuters)

A Commercial Aircraft Corporation of China (COMAC) logo is pictured at their booth at the Singapore Airshow February 12, 2014. (Reuters)

The companies will be subject to a new US investment ban which forces American investors to divest their holdings of the blacklisted firms by November 11, 2021.

https://www.reuters.com/article/usa-china-comac-military/exclusive-trump-administration-adds-chinas-comac-xiaomi-to-chinese-military-blacklist-idUSL1N2JP233

 

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