Alibaba, Baidu Named Among 'Chinese Military Companies,' Department of Defense Notice Shows

MT Newswires Live

06/09

Alibaba Group (BABA) and Baidu (BIDU) are among the list of entities that are designated as "Chinese military companies," according to a Department of Defense notice filed on Monday to be published in the Federal Register.

The annual list includes several firms such as Huawei Technologies, BYD, Tencent and TP-Link, according to the document.

The listed companies may request reconsideration of this decision by submitting evidence to the Pentagon that they should be removed from the list, the notice said.

Alibaba and Baidu did not immediately respond to request for comments from MT Newswires.

Price: 120.10, Change: -0.96, Percent Change: -0.79

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