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

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

Trump administration has designated top China firms as ‘Chinese military companies’ operating in the United States

These include electric vehicle makers, artificial intelligence companies, battery manufacturers, biotech firms and solar suppliers. The designation can complicate companies’ access to US capital markets and government business, although it does not automatically trigger sanctions.

Alibaba is the owner of the South China Morning Post. “There’s no basis to conclude that Alibaba should be placed on the Section 1260H List,” it said in an emailed response to the Post.

“Alibaba is not a Chinese military company nor part of any military-civil fusion strategy. We will take all available legal action against attempts to misrepresent our company.”