U.S. Won’t Ban Investments In Alibaba, Tencent, Baidu–But 9 Other Firms Are Set To Be Off Limits
Following a weeks-long disagreement between Treasury officials and the State Department, the Trump administration has reportedly decided it will not ban American investments in Chinese tech giants Alibaba, Tencent and Baidu, but it will prohibit Americans from investing in nine other firms in a move that further heightens tensions between the world’s two largest economies.
Alibaba Group Founder Jack Ma gives a speech at the ‘Ma Yun Rural Teachers and Headmasters Prize’ on …
