SOURCE / ECONOMY Rectification order to exert pressure, invigorate market: experts By GT staff reporters Published: Apr 13, 2021 09:53 PM Alibaba's headquarters in Hangzhou, East China's Zhejiang Province Photo: IC China's market regulators on Tuesday issued a one-month ultimatum to all online platforms to troubleshoot their breaches of market competition orders or face severe penalties, in what has been called an unprecedented regulatory move in the country's booming but increasingly problematic online sector. Although the mandated overhaul could put some pressure on the expansion of e-commerce in the short term, the latest rectification order will invigorate China's market economy, with internet platforms expected to end their runaway expansion over the coming month, industry observers noted.