China's Alibaba back on US counterfeits blacklist
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
The US has placed Alibaba, as well as other chinese companies such as Baidu, BYD, and the Taobao shopping website, back on a blacklist. The reason for the blacklisting of Taobao appears to be a high amount of counterfeit goods, while the reasons for the blacklisting of the other companies are less clear, with some reports suggesting it is related to chinese military connections. China has responded with dissatisfaction and vows to take countermeasures, including sanctions on american firms.
Full coverage
12345678