China CCP to Nationalize Jack Ma's Alibaba and Ant Group - Report
www.ibtimes.sg
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.

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      • PhaseFour [he/him]
        ·
        4 years ago

        The problem is that the rate of profit is near zero everywhere in the world besides China.

        Foreign investors can not pull out of China for ideological reasons, doing so would immediately cause a crisis in profitability.