US Pentagon adds Alibaba, BYD to list of Chinese firms with alleged military ties
By
Osmond Chia
Summary
The US Department of Defense has added several major Chinese companies, including Alibaba and BYD, to a list of firms allegedly linked to the Chinese military. The list serves as a warning to American organizations about potential risks of doing business with these companies, though inclusion does not immediately ban them. The Chinese embassy in the US has responded to the development.
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Key quotes
· 2 pulledThe US has added several major firms from China including technology giant Alibaba and electric car maker BYD to a list of companies said to have ties with the Chinese military.
The Department of Defense's list aims to alert American organisations to the risks of doing business with the Chinese firms, but their inclusion does not mean they are immediately banned.
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