US planning to add Alibaba, Tencent to China investment blacklist: Report
The Donald Trump-led administration is considering adding Chinese tech giants Alibaba and Tencent to a blacklist of firms it alleges are owned or controlled by the Chinese military, Reuters reported. The list already includes China’s top chipmaker SMIC and oil giant CNOOC. Alibaba and Tencent are among Asia's most valuable companies, with a combined net worth of $1.3 trillion.