BEIJING, January 13 (TMTPOST)—The US government won’t add Alibaba, Tencent and Baidu to its blacklist that aims to cut investment in companies alleged to be involved with China’s military, but nine other Chinese companies that were examined along with these three China’s internet giants will be added, the Wall Street Journal cited people with knowledge of the matter on Wednesday. Additions of the list are reported to release as soon as the same day.
An official of the Pentagon said they will not comment on actions prior to final decision.
Reuters’ sources last week revealed the Trump administration is considering whether to add Alibaba and Tencent to the blacklist. The spokesperson of China’s Foreign Ministry then said Beijing will take necessary measures to safeguard Chinese companies’ legitimate rights and interests.