
China is also at the frontier of regulation, with the news on December 24th that trustbusters were investigating Alibaba, co-founded by Jack Ma, China's most celebrated tycoon, and until a few weeks ago its most valuable listed firm."The article adds:
It is tempting to see the crackdown on Mr Ma as just another display of brutal Communist Party power. It may partly be that, but China's antitrust regulators are also keen to boost competition."Reuters reported this week:
Alibaba founder Jack Ma's absence from public view in the past two months, including missing the final episode of a TV show on which he was to appear as a judge, has fueled social media speculation over his whereabouts amid a Chinese regulatory clampdown on his sprawling business empire.
China's highest-profile entrepreneur has not appeared in a public setting since a late October forum in Shanghai where he blasted China's regulatory system in a speech that put him on a collision course with officials, resulting in the suspension of a $37 billion IPO of Alibaba's Ant Group fintech arm.
Read more at: TheNationalPulse.com
Many “journalists” today are just tattletale thought police
By Ethan Huff // Share
BOMBSHELL: Over 200 academics unwittingly assisting CCP military tech
By News Editors // Share
“There will be war” if China and US do not immediately stabilize relations, warns Chinese scholar
By Arsenio Toledo // Share
Chinese police violently disperse peaceful protesters in Chengdu
By Arsenio Toledo // Share
PJM Grid Declares Emergency as Heat Dome Drives Record Power Demand
By edisonreed // Share
Shadow Harvest: The hidden war on your dinner plate
By ramontomeydw // Share
Four-Minute Daily Strength Training Improves Mobility in Older Adults, Study Finds
By chasecodewell // Share
The fiber surprise: Vegetables that outperform broccoli
By avagrace // Share