US expected to add Alibaba and others to list of firms allegedly aiding China’s military: Report
The Trump administration is expected to add companies, including Alibaba, to a list of firms allegedly aiding China’s military as soon as Friday, two people familiar with the matter said.
The Pentagon’s 1260H list has not formally imposed sanctions on Chinese firms, but under a new law the department will be prevented in coming years from contracting and procuring from companies on the list.
Being added to the list also sends a message to suppliers to the Pentagon and other U.S. government agencies about the U.S. military’s opinion of the firms, some of which have sued the U.S. over their inclusion.
