Pentagon adds Alibaba, others to list of sanctioned Chinese companies
Summary
The Pentagon added several Chinese companies, including Alibaba, BYD, and Baidu, to a list of businesses linked to the Chinese military. This move blocks these companies from U.S. defense contracts and reflects concerns about Beijing using non-military companies for military purposes.Key Facts
- The Pentagon's list includes Chinese companies believed to have ties to the Chinese military or contribute to its defense industry.
- Alibaba, BYD, Baidu, and others were added to the list, which now has 188 companies, up from about 130 last year.
- Companies on the list cannot get U.S. defense contracts and may face reputational and business challenges.
- Alibaba, BYD, and Baidu deny they have military connections. Alibaba is traded on the New York Stock Exchange.
- The Chinese Embassy criticized the U.S. for targeting Chinese companies and called for fair treatment.
- U.S. lawmakers have expressed interest in banning Chinese electric vehicles, despite President Trump's openness to Chinese carmakers building plants in the U.S.
- The Pentagon said these companies are linked through affiliations with China's Ministry of Industry and Information Technology.
- The House Select Committee on the Chinese Communist Party urged U.S. businesses and governments to avoid dealings with these listed companies.
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