U.S. withdraws Chinese military backed companies list-Federal Register
Updated Pentagon list briefly included 130+ Chinese firms across tech and biotech sectors before withdrawal, reflecting cautious US stance ahead of a planned Trump-Xi summit.
- On Feb 13, the U.S. Federal Register briefly posted and then withdrew an updated list of Chinese military-backed companies upon agency request, including Alibaba and Baidu.
- Congress required the Section 1260H list to identify firms with alleged ties to China's military, and Pentagon-prepared updates expanded the roster to more than 130 entities after Deputy Defense Secretary Stephen Feinberg notified congressional leaders.
- Notably, the document removed China’s top memory chipmakers Yangtze Memory Technologies and ChangXin Memory Technologies, while naming firms like WuXi AppTec and RoboSense Technology Co.; American depositary receipts fell amid reputational and compliance concerns.
- Although listing does not impose immediate sanctions, the Pentagon will be prevented from contracting with companies on the Section 1260H list in coming years, Hogan Lovells said.
- Officials said an agency letter requested withdrawal after public inspection, raising interagency sign-off questions amid the administration's broader tech-policy shifts before the expected April diplomatic meeting between U.S. and China leaders.
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15 Articles
Pentagon Adds Alibaba, BYD To Chinese Military List, Then Reportedly Pulls Filing As Trump-Xi Meet Looms - Alibaba Gr Hldgs (NYSE:BABA), Baidu (NASDAQ:BIDU)
The Pentagon briefly added Alibaba and BYD to its list of companies with alleged ties to the Chinese military, a move that could heighten U.S.-China tensions ahead of the April summit between Presidents Donald Trump and Xi Jinping.
Pentagon publishes, then withdraws, new list of Chinese military companies
The Pentagon on Friday published an expanded list of Chinese military companies linked to the People's Liberation Army and operating in the U.S., including those linked to Beijing's civilian-military fusion program.
Pentagon Withdraws List of Chinese Military Companies
The Pentagon has pulled its new Chinese Military Companies list, an annual roster of companies it suspects are aiding the Chinese regime’s military build-up. The list briefly went up on Feb. 13 on the Federal Register before it was removed at the agency’s request. The list was expected to include Chinese tech giants Alibaba, Baidu, BYD, WuXi AppTec, RoboSense Technology, and YMTC. The Pentagon could not be reached immediately for comment. The Ep…
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