Pentagon Adds Alibaba and Baidu to List of Chinese Military-Linked Firms
The Pentagon added several Chinese tech firms including Alibaba Group (BABA) and Baidu Inc. (BIDU) to its '1260H list' due to alleged ties with the Chinese military, restricting U.S. defense contracts and procurement from these companies starting later this month and in 2027 respectively.
Topics: Chinese tech firms defense policy U.S.-China relations