22:00 - 9.06.2026
June 9, Fineko/abc.az. The U.S. Department of Defense (Pentagon) has updated its "1260H" statutory list, blacklisting several of China's largest corporations over alleged ties and support to the Chinese military.
ABC.AZ reports that this update reflects a further tightening of Washington's stance on U.S. national security risks associated with Chinese tech and industrial deployment.
Key Highlights:
Major Entities Listed: The expanded list now officially designates China's top artificial intelligence pioneers, Alibaba and Baidu, alongside the country's leading electric vehicle manufacturer, BYD. (Tencent was previously added to the list in 2025).
Tech Sector Expansion: The Pentagon re-listed prominent memory chip manufacturers ChangXin Memory Technologies and Yangtze Memory Technologies, along with hardware developers like Unitree Robotics.
Market Impact & Corporate Response: While the 1260H designation does not trigger immediate legal penalties, it serves as a major red flag for U.S. investors and restricts these companies from securing U.S. military contracts or research funding. In response, Alibaba, Baidu, and BYD issued statements rejecting the Pentagon's assessments, vowing to pursue all administrative and legal avenues to protect their interests.
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