Page 3 - David Semple News Today

Chinese e-commerce giant Alibaba Group Holding (ticker: BABA) is feeling the heat from investors and regulators over allegations of monopolistic practices, but that doesn’t mean it will lose its momentum. The company founded by Chinese billionaire Jack Ma has a solid position in the online shopping marketplace, but faces competition from Pinduoduo (PDD), among others. Last week, the People’s Bank of China (PBOC) announced it had begun an antimonopoly investigation. Analysts ...

Human Rights Some of the first China-related actions next year could be related to human rights front, including China’s treatment of Uighurs in Xinjiang and China’s crackdowns on Hong Kong. Among the first measures could be passage of the Uyghur Forced Labor Protection Act, which has already passed the House and awaits a vote in the Senate. The legislation could impact everything imported into the U.S. that is made in Xinjiang or in facilities with so-called pairing agreements where Uyghur...