Jack Ma, Trump and Xi: How a Chinese billionaire flew close to the sun
The story of the billionaire e-commerce tycoon's fall from official favor helps illustrate how rapidly China has transformed under Xi Jinping.
China's crackdown on its ultrarich set to reshape its most profitable sectors
With an age of unfettered gains now coming to an abrupt end, investors are likely to be more cautious.
Old-school tycoons of Hong Kong are losing to China’s moguls
The past few years have seen a remarkable shift in fortunes between China’s tech-savvy moguls and their old-school Hong Kong counterparts.
Regulators may be doing Alibaba a favor after all
Of great concern is that this core business once again contributed all of the operating profit because the rest of Alibaba’s divisions remain a drag on earnings.
Alibaba vows to hike spending after first loss since 2012
Jack Ma’s flagship e-commerce firm swung to a 5.5 billion yuan ($852 million) net loss after the company swallowed a $2.8 billion fine for monopolistic behavior imposed by Beijing.
After $260 billion slide, Alibaba aims to show the worst is over
Alibaba has agreed to a record $2.8 billion penalty from Beijing and vowed to change certain practices deemed anti-competitive.
Trust me, you don’t want to be China's biggest billionaire
Conspicuous wealth attracts unwanted scrutiny. Beijing is wary of rich developers because they often load up on debt, thereby putting corporate China’s financial health at risk.
I wrote a book on Chinese history. It was stolen by pirates on Alibaba
The scale of counterfeiting in China is so vast that tackling it is an epic undertaking even for the supposedly uber-capable Chinese state
China’s regulatory war on Ant Group
Once the powerful central bank publicly turned against Ant, bureaucrats who had endorsed the group fell silent and other departments began to jump on the bandwagon.
China crackdown cuts Big Tech down to size
There's a reason why the escalating crackdown is largely drawing shrugs from Chinese consumers: it is widely seen as necessary.
