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Home > Briefs > Global Risk > Pentagon accuses Alibaba, Baidu and BYD, three of China’s biggest companies, of supporting the Chinese military

Pentagon accuses Alibaba, Baidu and BYD, three of China’s biggest companies, of supporting the Chinese military

The Pentagon accused some of China’s biggest companies including Alibaba Group Holding Ltd., Baidu Inc. and BYD Co. of supporting the Chinese military, doubling down on an earlier decision to label crown jewels of the country’s corporate world as threats to US national security. The Defense Department announced the designations Monday in an update to a roster of companies that it has determined aid the People’s Liberation Army. The companies were included in a previous version that was posted briefly in February before being withdrawn minutes later without any explanation, sowing confusion about the Pentagon’s intentions.

Full report : Pentagon accuses Alibaba, Baidu and BYD, three of China’s biggest companies, of supporting the Chinese military.

Tagged: U.S. vs China