Wednesday, January 13, 2021

US administration shelves planned investment ban on Alibaba, Tencent, Baidu: Sources

US administration has scrapped plans to blacklist Chinese tech giants Alibaba, Tencent and Baidu, four people familiar with the matter said, providing a brief reprieve to Beijing's top corporates amid a broader crackdown by Washington. The decision to shelve plans to add the Chinese tech giants is a blow to China hawks in the administration.

from Gadgets Now https://ift.tt/2N2K5mS

No comments:

Post a Comment