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Biotech firm WuXi sues US over allegations it supports China’s military
Biotech firm WuXi sues US over allegations it supports China’s military The company says it suffered substantial reputational and operational harm after being placed on a Pentagon blacklist A Chinese biotechnology company sued the US government on Thursday over being placed on a list of businesses from China that the US Department of Defence has linked to that country’s military. WuXi AppTec filed its complaint in the Washington federal court, calling its inclusion on the list arbitrary,...
WuXi AppTec files complaint against US DoD for linking it to Chinese military
WuXi AppTec files complaint against US DoD for linking it to Chinese military Source: Reuters We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be. To continue, upgrade to a supported browser or, for the finest experience, download the mobile app.
China’s Wuxi Taclink Is Said to Mull Rare Listing in Singapore
Signage for SGX Group at the Singapore Exchange Ltd. stock exchange headquarters in Singapore, on Monday, July 14, 2025. Singapore’s biggest initial public offering in eight years is offering hope that the country’s stock exchange is finally attractive for new listings.
China’s Wuxi Taclink Is Said to Mull Rare Listing in Singapore
Signage for SGX Group at the Singapore Exchange Ltd. stock exchange headquarters in Singapore, on Monday, July 14, 2025. Singapore’s biggest initial public offering in eight years is offering hope that the country’s stock exchange is finally attractive for new listings.
Chinese pharmaceutical firms’ cost advantages trump Pentagon blacklist: analysts
The Pentagon added Chinese pharmaceutical contractor WuXi AppTec to a list of entities it alleges are linked to the country’s military, but the blacklisting will not stop multinational drug makers from collaborating with China’s biopharmaceutical firms, according to analysts. “We view minimal impact given multinational [companies] in pharma still prefer made-in-China for cost efficiency,” said Cui Cui, head of healthcare research for Asia at Jefferies. “Meanwhile, Wuxi AppTec earnings...
Pentagon blacklists China tech giants as US competition expands
The Pentagon added tech giants Alibaba and Baidu and carmaker BYD to a blacklist of Chinese companies with military ties amid widening competition between the world’s two largest economies. Drug maker WuXi AppTec, robot company Unitree and carmaker Nio were among other businesses added to the 1260H list, according to a US Department of Defence notice. Some Chinese companies no longer operating in the United States were removed in the annual update.
US adds popular Chinese firms to Pentagon's 'Chinese military company' list: Who's on it?
The Pentagon on Monday reinstated and expanded a list of Chinese companies it accuses of supporting China's military, naming major firms including Alibaba Group Holding, Baidu Inc., Tencent Holdings and electric vehicle maker BYD Co. The move is likely to add further strain to already tense US-China relations. The US Department of Defense said the companies had been added to its so-called 1260H list, which identifies entities determined by Washington to be aiding China's People's Liberation...
Pentagon expands list of China military-linked firms to include Alibaba, Baidu in fresh blow to diplomatic thaw
The Pentagon added a slew of Chinese companies, including Alibaba Group, Baidu Inc and carmaker BYD, to a list of entities it believes have aided the Chinese military, complicating the fragile diplomatic relationship between Washington and Beijing. The Defense Department published an updated "1260H list" Monday evening stateside — a roster of companies the Pentagon considers affiliated with China's military or defense industrial base. The designations do not impose sanctions explicitly, but...
Pentagon blacklist raises spectre of investment curbs for Chinese tech firms
Pentagon blacklist raises spectre of investment curbs for Chinese tech firms Chinese tech giants including Alibaba and Baidu strongly reject the Pentagon’s characterisation of them as “Chinese military companies” The Pentagon’s expanding blacklist of Chinese companies is increasing reputational risks for some of the country’s biggest technology firms and raising the prospect of future restrictions on access to US investment, according to legal experts. In a Federal Register notice scheduled...
US says BYD, Baidu, Alibaba and other tech giants are aiding China's military
US says BYD, Baidu, Alibaba and other tech giants are aiding China's military WASHINGTON: The US on Monday (Jun 8) added Chinese e-commerce giant Alibaba, internet search provider Baidu and automaker BYD to a list of companies it believes are aiding Beijing's military, in a move that could inflame tensions between the countries. The long-awaited update supersedes a list from early 2025, and comes less than a month after President Donald Trump met China's Xi Jinping on a visit to Beijing,...