The news of the government's plan to enforce more curbs on Alibaba sent its stock crashing down as much as 8 percent. Alibaba said it would cooperate with any investigation.
"Meanwhile, sources have said the development is a proof of China's resolve to nationalize Alibaba. Song Qing, Internet finance industry insider, said the investigation is part of CCP plans to nationalize both Ant Group and Alibaba. "There will definitely be an outcome, now that they have started the investigation ... This is probably coming from the highest levels," he told Radio Free Asia."
Let's wait for a source that doesn't rely on US sponsored propaganda outlets trying to feed the rightwing hysteria.
Let's wait for a source that doesn't rely on US sponsored propaganda outlets trying to feed the rightwing hysteria.