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Alibaba News: Giant Chinese Retailing Company Buys Controlling Stake of Lazada

Alibaba News: Giant Chinese Retailing Company Buys Controlling Stake of Lazada
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U.S. considering adding Alibaba, Tencent to China investment ban -sources

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WASHINGTON/SHANGHAI (Reuters) -The Trump administration is considering adding tech giants Alibaba and Tencent to a blacklist of firms allegedly owned or controlled by the Chinese military, two people familiar with the matter said on Wednesday.
Targeting Asia’s two most valuable companies would be U.S. President Donald Trump’s most dramatic step yet in a recent raft of measures unleashed against Chinese companies as he seeks to cement his hardline policy against Beijing during his final days in office.
Defense Department officials, who oversee the blacklist designations, have not yet finalized plans and are also discussing adding other Chinese firms to the list, the sources said, speaking on condition of anonymity because the deliberations are private. ....

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US Considers Adding Alibaba, Tencent To China Investment Ban: Report

Alibaba and Tencent have a combined worth of $1.3 trillion
The Trump administration is considering adding tech giants Alibaba and Tencent to a blacklist of firms allegedly owned or controlled by the Chinese military, two people familiar with the matter said on Wednesday. Targeting Asia s two most valuable companies, worth a combined $1.3 trillion, would be U.S. President Donald Trump s most dramatic step yet in a recent raft of measures unleashed against Chinese companies as he seeks to cement his hardline policy against Beijing during his final days in office. Defense Department officials, who oversee the blacklist designations, have not yet finalized plans and are also discussing adding other Chinese firms to the list, the sources said, speaking on condition of anonymity because the deliberations are private. ....

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US considering adding Alibaba, Tencent to China investment ban, sources say

US considering adding Alibaba, Tencent to China investment ban, sources say
Reuters/Washington/Shanghai
Filed on January 7, 2021
In August, Trump signed an executive order to ban some US transactions with Tencent’s WeChat, but the restrictions were blocked by courts mainly on freedom of speech grounds
Trump escalated measures against Chinese firms in November with an executive order that bans US investors from buying shares of Chinese firms
The Trump administration is considering adding tech giants Alibaba and Tencent to a blacklist of firms allegedly owned or controlled by the Chinese military, two people familiar with the matter said.
Targeting Asia’s two most valuable companies would be U.S. President Donald Trump’s most dramatic step yet in a recent raft of measures unleashed against Chinese companies as he seeks to cement his hardline policy against Beijing during his final days in office. ....

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U.S. considering adding Alibaba, Tencent to China investment ban -sources

U.S. considering adding Alibaba, Tencent to China investment ban -sources
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