Xiaomi accuses Indian agency of physical violence threats
Chinese smartphone maker Xiaomi Corp has alleged its top executives faced threats of physical violence and coercion during questioning by India’s financial crime fighting agency. Officials from the Enforcement Directorate warned the company’s former India managing director, Manu Kumar Jain, current Chief Financial Officer Sameer B.S. Rao, and their families if they did not submit statements […]
US removes Xiaomi from blacklist, reversing late China Jab by Trump
A court filing showed that the US Department of Defence will remove China’s Xiaomi Corp (1810.HK) from a government blacklist. This is as per the marking a noteworthy reversal by the Biden administration of one of Donald Trump’s last jabs at Beijing before exiting office. Without further contest, the two parties would agree to resolve their ongoing litigation […]