4 ms·
GDP is not the best measure for firms that get much of their revenue from retail, import, and export. That said, alibaba and ten cent are too big to fail/kill
by fludlight 9y ago
GDP is not the best measure for firms that get much of their revenue from retail, import, and export. That said, alibaba and ten cent are too big to fail/kill without causing social instability trough immediate mass unemployment which is a big no no in Chinese politics. However, the state security apparatus has always had the other options to exert power over the key decision makers at any Chinese company so this is essentially a check on the political influence of said executives.