Business
Americans Won’t Be Banned From Investing in Alibaba, Tencent and Baidu – The Wall Street Journal
Nine other Chinese companies will be added to Pentagon’s Chinese military companies list
The U.S. government is expected to let Americans continue to invest in Chinese technology giants Alibaba Group Holding Ltd. , Tencent Holdings Ltd. and Baidu Inc., after weighing the firms alleged ties to Chinas military against the potential economic impact of banning them.
New York-listed Alibaba and Baidu, and Hong Kong-listed Tencent, were among a dozen companies being examined for inclusion in a Defense Department list of firms deemed to support Chinas military, intelligence and security services,…
