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China condemns US addition of BYD, Alibaba, and Baidu to military company blacklist

By

Associated Press

22d ago· 2 min readenNews

Summary

China has firmly opposed the US Pentagon's decision to add several prominent Chinese companies — including BYD, Alibaba, and Baidu — to its list of military companies, which prevents them from securing US defense contracts. China argues this move contradicts the consensus reached during the recent Trump-Xi summit and unfairly targets non-state-owned enterprises.

Source

bskyChina condemns US addition of BYD, Alibaba, and Baidu to military company blacklist1news.co.nz

Key quotes

· 3 pulled
China said Saturday it firmly opposed the US adding several prominent Chinese businesses to its list of military companies
the move ignored the consensus reached during US President Donald Trump's summit with Chinese leader Xi Jinping last month
The Pentagon added several non-state-owned Chinese companies, including electric vehicle maker BYD, tech giants Alibaba and Baidu to its list
Snippet from the RSS feed
China said Saturday it firmly opposed the US adding several prominent Chinese businesses to its list of military companies.

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