Alibaba, Baidu and BYD are now US-designated military companies in a blacklist - What does this mean?
New Delhi, June 9 -- The Pentagon has formally designated Alibaba, Baidu and BYD among a growing list of Chinese companies it says are supporting Beijing's military ambitions, , adding three of China's most commercially prominent corporations to a national security blacklist that now names 188 Chinese companies with alleged military ties, up from roughly 130 in the previous edition.
The US Department of Defense on Monday updated its annual roster of so-called "Chinese military companies", reinstating and expanding a controversial list that now includes nearly 200 entities.
The decision comes weeks after President Donald Trump met Chinese President Xi Jinping in Beijing for talks aimed at easing trade tensions. Despite diplomatic engagem...
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