Reported about 9 hours ago
During a recent meeting at the Asia-Pacific Economic Cooperation summit, Chinese President Xi Jinping humorously addressed security backdoors while gifting Xiaomi smartphones to South Korean President Lee Jae Myung. The light-hearted exchange occurred amid serious trade negotiations and highlighted the sensitive nature of espionage accusations affecting US-China relations. As tensions ease slightly between South Korea and China, Xiaomi's stock also experienced a boost following this public interaction.
Source: YAHOO