Investment
Features
FeesSafety
Academy
More
Pluang+

US Pentagon adds Alibaba, Baidu, BYD to blacklist, restricting contracts over military ties.

Market News
09 Jun 2026
Namrata Sen
View Source
Bearish
US Pentagon adds Alibaba, Baidu, BYD to blacklist, restricting contracts over military ties.

The US Department of Defense expanded its blacklist to include Chinese tech giants Alibaba, Baidu, and BYD, citing suspected ties to China's military and defense sectors. This update prevents the Pentagon from contracting directly with these companies starting later this month and bans procurement through third parties from June 2027. The move reflects ongoing US concerns about national security amid strained US-China relations, despite recent trade talks. Alibaba, Baidu, and WuXi AppTec have contested their inclusion and seek removal from the list.

More News (BABA)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App