The Pentagon has added Chinese tech giants Alibaba, Baidu, and automaker BYD to a list of companies it believes support China's military. This move prohibits the US Defense Department from contracting directly with these firms starting later this month, and from buying their products through third parties by 2027. The update highlights ongoing US concerns about Chinese technology's role in national security and complicates US-China relations despite recent trade talks. Some affected companies, like WuXi AppTec, have disputed their inclusion and plan to seek removal from the list.
The Pentagon has expanded its 1260H list to include major Chinese companies like Alibaba, Baidu, BYD, Nio, and robotics firm Unitree, citing their support for the Chinese military. This move could restrict U.S. business dealings with these firms and ...
The iShares Asia 50 ETF (AIA) has surged 52.67% year to date through June 3, 2026, vastly outperforming the SPDR S&P 500 ETF Trust's 10.61% gain. This rally is primarily driven by semiconductor stocks, especially Taiwan Semiconductor Manufacturing Co...
Capital is shifting into China-listed AI and semiconductor stocks, with Tencent, Baidu, and Alibaba highlighted as top AI stocks to watch in 2026. These companies are operational, profitable, and generating significant revenue from AI-related product...
Tencent's new chief AI scientist, former OpenAI researcher Yao Shunyu, announced ambitions to develop artificial general intelligence (AGI) in China, marking a shift in the US-China technology competition. While US companies have long focused on AGI,...
