January 07, 2021 03:28 pm | Updated 03:28 pm IST - BEIJING
The logo of Alibaba Group is seen at the company's headquarters in Hangzhou, Zhejiang Province, China. File
China said on January 7 that it would take necessary measures to safeguard companies’ rights and interests in response to the United States considering adding Alibaba and Tencent to a China stock ban.
Chinese Foreign Ministry spokeswoman Hua Chunying was speaking at a regular news briefing.
The Trump administration is considering adding tech giants Alibaba and Tencent to a blacklist of firms allegedly owned or controlled by the Chinese military, Reuters reported.
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