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The US Department of Defense has added Chinese tech and auto companies Alibaba, BYD, and Baidu to a list of firms it says are linked to China's military. The Pentagon accuses these companies of aiding the Chinese military, though the companies themselves have not confirmed any such ties.
The move could affect these companies' business with US partners and investors. It is part of broader US efforts to scrutinize Chinese companies over national security concerns. The list does not impose immediate sanctions but can lead to reputational and financial consequences.
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