Pentagon labels tech giant Alibaba and electric car maker BYD as aiding Chinese military
The Pentagon has added several prominent Chinese businesses to its list of Chinese military companies. The list includes tech giant Alibaba, electric car maker BYD and search engine Baidu. The move prevents them from securing U.S. defense contracts. The list, updated Monday, now sanctions well-known, non-state-owned Chinese companies that are not traditionally considered to be in the defense sector. This year's list includes 188 entities, up from about 130 last year. While the companies can stil...
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