US adds Alibaba, BYD and other Chinese tech champions to military company blacklist

The 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...