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Beijing Slams US for 'Military' Designation of Large Chinese Firms

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China's Commerce Ministry expressed "strong dissatisfaction and firm opposition" to the U.S. government's action to include several large Chinese firms on a list of those aiding its military, it said Saturday.

The statements come after the U.S. Defense Department named Chinese companies such as Alibaba (HKG:9988), Baidu (HKG:9888), and BYD (HKG:1211, SHE:002594), and Nio (HKG:9866, SGX:NIO) as supporters of the People's Liberation Army.

Beijing called on Washington to stop its "erroneous practices" and provide non-discriminatory treatment to Chinese firms.

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