The CCP's Next Target: Chinese Financial Firms
News Analysis Xi Jinping’s investigation of financial institutions in China, and their alleged chumminess with the largest private ...
Source: theepochtimes.com
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Why Is Alibaba 'Full of Gratitude' for Record $2.8 Billion Fine Imposed by Beijing?
Why Is Alibaba ‘Full of Gratitude’ for Record $2.8 Billion Fine Imposed by Beijing? Commentary China’s Alibaba Group found itself under the spotlight following a record antitrust fine slapped on the tech giant, yet it openly expressed its gratitude to the Chinese regime. On April 10, the world’s biggest e-commerce company was fined 18.2 billion yuan ($2.8 billion) by Chinese regulators for anti-competitive tactics, as the ruling Chinese Communist Party (CCP) tightens control over fast-growing tech industries in the mainland. But Alibaba quickly responded and said in an open letter th...
Source: theepochtimes.com