Pentagon Cited Alibaba on China Military Aid in Oct. 7 Letter

An anonymous reader shares a report: The Pentagon concluded that Alibaba Group, Baidu and BYD should be added to a list of companies that aid the Chinese military, according to a letter to Congress sent roughly three weeks before Donald Trump and Xi Jinping agreed to a broad trade truce. Deputy Defense Secretary Stephen Feinberg informed lawmakers of the conclusion in the Oct. 7 letter, a copy of which was seen by Bloomberg News, to the heads of the House and Senate Armed Services Committees. It wasn't clear whether the companies have been formally included in the the Pentagon's so-called 1260H list, which carries no direct legal repercussions but serves as a major warning to US investors.

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