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Alibaba and Tencent Part Ways with Washington Lobbyists Following New Pentagon Directive

Washington lobbying firms have quietly ended their relationships with Alibaba and Tencent in response to a new Pentagon rule that came into effect this Tuesday. Bloomberg reports that since the Defense Department broadened its list of Chinese military-linked companies, Alibaba has lost five lobbying partners and Tencent four, leaving only two firms continuing to represent them. This shift highlights the increasing regulatory and geopolitical challenges these tech giants face in the U.S.

The Next Web
The Next Web