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.
- 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, as reported by Bloomberg News.
- Deputy Defense Secretary Stephen Feinberg informed lawmakers in a letter dated October 7 that these companies merit inclusion on the Pentagon's 1260H list.
- The designation does not involve immediate bans but can harm the reputations of affected companies and warns U.S. firms about business risks, as stated by Bloomberg.
- The Pentagon's 1260H list includes 134 companies deemed military-linked, updated annually under U.S. law, as noted in the report.
26 Articles
26 Articles
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...
Times of India
China Economic ReviewPentagon seeks to add Alibaba, Baidu, BYD to China military list
Chinese military: It is not immediately clear if the companies have been added to the Pentagon's 1260H list of Chinese companies deemed military-linked but operating in the US, Bloomberg reported.
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