Americans Wonât Be Banned From Investing in Alibaba, Tencent and Baidu Nine other Chinese companies will be added to Pentagonâs Chinese military companies list President-elect Joe Biden has sent signals that the U.S. will remain tough on China, from trade to technology. WSJâs Jonathan Cheng explains the new administrationâs policy approach and how China might respond. Photo: Lintao Zhang/Xinhua/Associated Press By Updated Jan. 13, 2021 5:32 pm ET 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 firmsâ alleged ties to Chinaâs military against the potential economic impact of banning them.