Alibaba, Baidu accused by Pentagon of aiding Chinese military

Bloomberg: The companies were added to the Pentagon’s 1260H list, which also includes Tencent Holdings Ltd. and targets China’s top electric-vehicle company and artificial intelligence champions.

The designation serves as a warning to US investors and can precede more punitive trade restrictions, with the Pentagon using the list to restrict companies’ abilities to contract with the US military or receive research funding…

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