LAWSUIT AGAINST US IS TO PROTECT COMPANY’S INTEREST: XIAOMI

Highlights

• Xiaomi Corp has filed a suit against the US Defense and Treasury departments as they have blacklisted them from getting any investment from the Americans

• The US decision to include the company as a communist Chinese military company was factually incorrect said Xiaomi and also said that it has asked the courts to declare this move as illegal

After filing a lawsuit against the United States....