Pentagon Drops the Hammer: Alibaba, BYD, Baidu Blacklisted in Massive US-China Tech Crackdown

Pentagon Drops the Hammer: Alibaba, BYD, Baidu Blacklisted in Massive US-China Tech Crackdown

The Pentagon has blacklisted three of China’s biggest tech giants—Alibaba, BYD, and Baidu—alongside other major firms, accusing them of ties to the Chinese military in a major escalation of the US-China tech war.

· 1 min read ·
tradeusachina

The U.S. Department of Defense updated its so-called 1260H blacklist, adding e-commerce and cloud giant Alibaba, electric vehicle and battery maker BYD, and search engine and AI leader Baidu [168944][168899]. The list also includes drug manufacturer WuXi AppTec, robot company Unitree, and electric carmaker Nio [168944]. The Pentagon identifies these companies as having links to China’s People’s Liberation Army, and while the designation does not trigger immediate bans, it blocks the firms from receiving U.S. government contracts and restricts American investment in them [168899]. The companies have denied the allegations [168899]. The annual update also removed some Chinese firms that no longer operate in the United States [168944]. This move signals heightened scrutiny and risks damaging business relationships for the targeted companies [168944].

Sources

Pentagon Blacklists Alibaba, BYD, and Baidu in US-China Tech War Expansion #168944Pentagon Blacklists Alibaba, BYD, and Baidu Over Military Ties #168899

Related

Pentagon Blacklists Alibaba, BYD, and Baidu—Three Chinese Giants Hit in New Tech War Salvo

The Pentagon has blacklisted three of China’s biggest companies—Alibaba, BYD, and Baidu—accusing them of military ties, escalating the US-China tech war.

Pentagon Blacklists 6 Chinese Giants — Alibaba, BYD, Baidu, WuXi AppTec, Unitree, Nio — in Tech War Escalation

The Pentagon has added six major Chinese companies, including e-commerce titan Alibaba, search engine Baidu, and electric vehicle maker BYD, to a military blacklist, widening the U.S.-China technology war.

China Slaps Sanctions on 63 Tech Sectors as It Surpasses the West in Batteries and AI

China has now caught up with—and in many cases surpassed—the West across a wide range of technologies, from electric-vehicle batteries and high-speed trains to artificial intelligence and advanced medicine, while simultaneously drafting sanctions covering 63 technology sectors to retaliate against US-led export controls.

AI Giants Go Public: $1.77 Trillion IPO Wave Smashes Wall Street’s 23-Year Drought

Three of the world’s most powerful private tech companies—SpaceX, OpenAI, and Anthropic—are rushing to sell shares to the public for the first time, ending a 23-year decline in the number of publicly traded US companies and forcing the secretive AI industry to open its books to regulators and investors. [169639][171213]

Turkey warns BYD: Meet your $1 billion plan or lose the tax break

Turkey has suspended a tax break for Chinese electric vehicle maker BYD, warning it will revoke the incentive if the company fails to meet a $1 billion investment plan to build a local factory and create thousands of jobs [170404].

Nasdaq Plunge Sparks Asia Meltdown: South Korea Index Crashes 3%

Asian markets opened the trading week with steep losses, following a major decline on Wall Street last Friday where the technology-heavy Nasdaq fell sharply [167982]. The sell-off quickly spread to the region, with South Korea’s main stock index plunging and leading the downturn among Asian markets [167982]. Investors reacted to growing concerns over tech sector valuations and global economic uncertainty [167982].