“Based on tip-offs received by the State Administration for Market Regulation in recent days, the administration will be investigating Alibaba … for suspected monopolistic activities,” the administration said in a statement on its website.
Internal affairs: The state has grown stronger by making the people weaker. Reform has been walked back. Power interferes everywhere and the market does not know what to do. Private entrepreneurs have lost confidence, and the elite class is seeing an immigration exodus.
Joyce Huang | Voice of America The recent retirement of Jack Ma, former chairman of the Alibaba Group, has set a positive example in China for entrepreneurs to plan succession, ensuring the long-term sustainability of their businesses, according to some analysts. But others insist it is still too early to tell if the world’s […]