Beijing says it's 'strongly dissatisfied' with Pentagon move against top Chinese tech firms
The Pentagon added a slew of Chinese tech firms, including Alibaba, Baidu and BYD, to a list of entities it believes have aided China's military.
TL;DR
- China is strongly dissatisfied with the U.S. adding Chinese companies to the Pentagon's list of firms aiding China's military.
- The list includes major technology firms like Alibaba, Baidu, BYD, NIO, Trina Solar, and JA Solar Technology.
- China's commerce ministry stated the move ignores the consensus reached by Presidents Trump and Xi Jinping.
- Beijing has urged the U.S. to immediately stop these practices and withdraw the measures.
- China warned of resolute and forceful retaliation if Chinese firms are not treated fairly.
- Companies on the list will face restrictions on U.S. government contracts from 2027.