Code block breaks list recognition

I have a case where an indented code block results in list (bullet) parsing being broken. Here's a markdown file shared in Dropbox. Dropbox apparently uses python-markdown2, and displays the exact error I see locally.

https://www.dropbox.com/s/htl8ibycyhhyrpg/notes2.md

To be clear, the point is that the bullets towards the end of the file are not recognized correctly, with the peculiar exception of the last one. You can make changes to the code block near the start of the file - add or remove lines, or change its indentation - and you'll see differences in the way the bullets are handled.

I've double-checked the behavior with Python Markdown (version 2.3.1) as well as with the standard Markdown.pl, and both parse the test file correctly and recognize all the bullets.

Incidentally, the GitHub markdown used on this web page also understands the file correctly. I'm pasting it again below. Compare the bullet rendering below to that exhibited by the Dropbox shared version.

Module 3: Layout

This is a test

• Note I'm calling this block "Layout" right now...

  • Create a main form with the following structure.

    <dxb:BarManager >
        <dxb:BarManager.Items>
            <dxb:BarSubItem x:Name="barSubItem1" Content="File">
            </dxb:BarSubItem>
            <dxb:BarButtonItem x:Name="quitItem" Content="Quit"/>
            <dxb:BarSubItem x:Name="barSubItem2" Content="Help"/>
        </dxb:BarManager.Items>
    </dxb:BarManager>
    

• Windows UI?

Hereafter: Specific Controls

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Grid and Editors

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Scheduler

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Data Analysis

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• Gauges
• Charts
• Pivot Grid

Document Export and Reporting

• Printing System (XtraPrinting)
• XtraReports

Start by reproducing the issue with the pasted Markdown, or the linked notes2.md file, and inspect how the indented XML code block affects the following bullet list. Done means the bullets after the code block are recognized consistently, including the final list item, without changing the behavior of valid code blocks.