The Pentagon expands its list of Chinese firms designated as “Chinese military companies” operating in the United States, a move tied to growing US-China strategic and economic competition. In a Federal Register notice scheduled for publication, the US Department of Defence updates the Section 1260H blacklist, which is used to restrict access to certain US investments, technology and government contracts. Companies added in the latest update include Alibaba, Baidu and carmaker BYD, along with other businesses such as WuXi AppTec, robot firm Unitree and carmaker Nio. The notice also removes some Chinese companies that are no longer operating in the United States. Legal experts quoted in reporting say the designation can increase reputational risks for major Chinese technology firms and may lead to further curbs on access to US investment. The list is updated annually, and the newest changes continue to broaden a tool Washington has been using to limit China’s engagement with US capital and technology channels. Separate coverage notes the list currently contains hundreds of entries, reflecting the scale of the update.
Pentagon expands blacklist of Chinese companies including Alibaba, BYD and Baidu
The Pentagon expands its list of Chinese firms designated as “Chinese military companies” operating in the United States, a move tied to growing US-China strategic and economic competition. In a Feder...
- The US Department of Defence updates its Section 1260H blacklist of “Chinese military companies” in the United States through a Federal Register notice.
- Newly listed firms include Alibaba, Baidu and BYD, along with other companies such as WuXi AppTec, Unitree and Nio.
- The blacklist is used to restrict access to US investment, technology and government contracts.
- Some Chinese companies that are no longer operating in the United States are removed in the annual update.
- Legal experts say the designations can increase reputational risks and may lead to further investment-related restrictions.
The Pentagon’s expanding blacklist of Chinese companies is increasing reputational risks for some of the country’s biggest technology firms and raising the prospect of future restrictions on access to US investment, according to legal experts. In a Federal Register notice scheduled for publication on Wednesday, the US Department of Defence designated a broad group of Chinese companies as “Chinese military companies” under Section 1260H of the National Defence Authorisation Act. The latest...
11 hours agoThe Pentagon added tech giants Alibaba and Baidu and carmaker BYD to a blacklist of Chinese companies with military ties amid widening competition between the world’s two largest economies. Drug maker WuXi AppTec, robot company Unitree and carmaker Nio were among other businesses added to the 1260H list, according to a US Department of Defence notice. Some Chinese companies no longer operating in the United States were removed in the annual update. Alibaba owns the South China Morning Post. The...
14 hours agoThe Pentagon has designated Alibaba, BYD, Baidu and more than a dozen other prominent Chinese companies as “Chinese military companies” operating in the United States, widening a blacklist that has become an increasingly effective tool in Washington’s campaign to restrict China’s access to American capital, technology and government contracts. In a Federal Register notice scheduled for publication on Wednesday, the US Defence Department said the Under Secretary of Defence for Acquisition and...
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