U.S. Defense Department Designates Alibaba (BABA), Baidu, and BYD as Military-Connected Entities

Pentagon adds Alibaba, Baidu, BYD to Chinese military list, blocking defense contracts. Companies vow legal challenges as stocks slide on designation.

The post U.S. Defense Department Designates Alibaba (BABA), Baidu, and BYD as Military-Connected Entities appeared first on Blockonomi.