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moves money TNW June 29, 2026

Alibaba and Tencent lose their Washington lobbyists as new Pentagon rule takes effect

Alibaba and Tencent lose their Washington lobbyists as new Pentagon rule takes effect
AI Summary

Washington lobbying firms have been quietly dropping Alibaba and Tencent as clients ahead of a new Pentagon rule that takes effect on Tuesday. According to Bloomberg, Alibaba has lost five lobbying firms and Tencent has lost four since the Defense Department expanded its list of Chinese military companies earlier this month. The departures leave two […] This story continues at The Next Web

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