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.

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