US lists China’s BYD, Alibaba, Baidu as ‘Chinese military companies’
The United States has added major Chinese companies Alibaba Group, BYD Company, and Baidu to a Pentagon list of firms it says support China’s military, expanding a blacklist that now includes 188 companies. The designation means the firms and their subsidiaries could be barred from U.S. defense contracts under rules set to take effect soon. China condemned the move as discriminatory, while Alibaba and others … Continue reading US lists China’s BYD, Alibaba, Baidu as ‘Chinese military companies’
