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China doesn't care about the size of companies. Alibaba ran into political problems because they wanted to compete in an industry with established players with

by Sakos 4y ago

China doesn't care about the size of companies. Alibaba ran into political problems because they wanted to compete in an industry with established players with strong relations to regional governments and different parts of the CCP.

babelfish 4y ago
Source?
- Sakos 4y ago
  Example: https://thediplomat.com/2021/09/the-real-cause-of-chinas-alibaba-crackdown/ https://thediplomat.com/2021/09/the-real-cause-of-chinas-ali...