The Pentagon has added Alibaba, BYD, Baidu, and several other major Chinese technology firms to a blacklist of 'Chinese military companies.' This action aims to restrict China's access to U.S. capital and technology.

The Pentagon has designated Alibaba, BYD, Baidu and more than a dozen other prominent Chinese companies as “Chinese military companies” operating in the United States, widening a blacklist that has become an increasingly effective tool in Washington’s campaign to restrict China’s access to American capital, technology and government contracts. In a Federal Register notice scheduled for publication on Wednesday, the US Defence Department said the Under Secretary of Defence for Acquisition and...