Beijing’s Antitrust Probes an Effort to Rein In Private Sector, Analysts Say
Chinese financial regulators are stepping up their scrutiny of technology companies, ordering an antitrust investigation of Alibaba and requesting that Ant Group rectify its businesses and comply with regulatory requirements.
The regime also issued new “antitrust reports” on Dec. 25, detailing the number of investigations that were begun by authorities in 2019, including on foreign joint ventures and Chinese private companies, and the penalty fees imposed on them.
Analysts believe Beijing is focusing its efforts on major corporations because it needs to seize capital, as China’s economy continues its downward trend and government coffers dry up.
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A Year Like No Other is an SBS News collaboration with the University of Technology Sydney. It features stories written by journalism students.
Six years ago, while working in international development in Myanmar - the country his parents had emigrated from in the late 1980s - Alex Oo’s life changed.
A change in circumstances for a family member meant Alex became a carer for his two nephews, aged two-and-a-half and seven months, essentially overnight. He was only 25.
“I gave up my whole career and I gave up living overseas in order to be able to come back and make sure that these kids in my family were gonna be able to make it through, and be able to grow and prosper and just try to grow up to be healthy individuals,” he says.
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A number of Australians will remain separated from their families this Christmas, as they face unknown fates in prisons and detention centres across the world.
She served two years and three months of a 10-year prison sentence after being accused of spying by the Iranian government - allegations she steadfastly denies.
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Iranian authorities claimed three of the country s citizens were released in exchange for Dr Gilbert-Moore, but the Australian Government has refused to confirm what, if any, arrangements led to her release.
But while Dr Gilbert-Moore is now able to spend Christmas with her loved ones, others are still waiting to learn their fate.
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A Year Like No Other is an SBS News collaboration with the University of Technology Sydney. It features stories written by journalism students.
When Teresa Trindall thought coronavirus had reached the small, remote town of Coonamble in north-west New South Wales earlier this year, she was terrified.
The Gamilaroi woman was on the frontline, working as a nurse at the local hospital, and is a registered Aboriginal Health Worker.
Her niece, who lived with Teresa s elderly mother, received a false positive COVID-19 test.
Gamilaroi woman Teresa Trindall.
Fleur Connick
“It was an extremely difficult period. My mum has had breast cancer, she s a bad asthmatic, she s got a pacemaker in, and she would often call me crying on the phone,” Teresa says.