US EditionPentagon seeks to add Alibaba, Baidu, BYD to China military list, Bloomberg News reports
The Pentagon advised adding Alibaba, Baidu, and BYD to the Section 1260H list, which included 134 Chinese firms last updated in January, signaling reputational risks for these companies.
- Bloomberg News reported on Nov 26 that the U.S. Department of Defense concluded Alibaba Group Holding, Baidu Inc and BYD Co should be added to the Section 1260H list.
- Feinberg's October 7 letter to Congress stated the recommendation reached lawmakers three weeks before Presidents Donald Trump and Xi Jinping agreed a broad trade truce.
- Listing additional firms, the Pentagon recommendation included Eoptolink Technology Inc, Hua Hong Semiconductor Ltd, RoboSense Technology Co, WuXi AppTec Co and Zhongji Innolight Co alongside the three companies on the Section 1260H list.
- The designation carries no immediate bans but signals reputational risks for Alibaba Group Holding, Baidu Inc, and BYD Co, warning U.S. entities and firms about business risks amid tensions with U.S. policymakers.
- The Section 1260H list was last updated in January and included 134 companies, including Tencent Holdings and CATL, but it remains unclear if Alibaba, Baidu and BYD have been formally added, and requests to the Pentagon and these companies were not immediately returned.
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33 Articles
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Pentagon Cited Alibaba on China Military Aid in Oct. 7 Letter
The Pentagon concluded that Alibaba Group Holding Ltd., Baidu Inc. and BYD Co. should be added to a list of companies that aid the Chinese military, according to a letter to Congress sent roughly three weeks before Donald Trump and Xi Jinping agreed to a broad trade truce.
Pentagon seeks to add Alibaba, Baidu, BYD to China military list, Bloomberg News reports
The Pentagon has concluded that Alibaba Group Holding , Baidu Inc and BYD Co should be added to a list of companies that aid the Chinese military, Bloomberg News reported on Wednesday.
The Pentagon concluded that Alibaba Group Holding Ltd., Baidu Inc. and BYD Co. should be added to the list of companies that the department believes contribute to the Chinese military. This is stated in a letter to Congress sent about three weeks before Donald Trump and Xi Jinping agreed...
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