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Alibaba breaks itself up in six

economist.com

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Re: Alibaba breaks itself up in six

#6
It’s always hard for me to understand the why when it comes to China’s government.

“Investors cheer the move as signalling the end of China’s tech crackdown”

If this is government action then why would this be the “end” of government involvement?

Re: Alibaba breaks itself up in six

#7
Great move. This will increase local competition and wages, diversify ideas and design, and make shareholders more money than as a single entity. As with Standard Oil and AT&T. The U.S. should continue investigating splitting up Alphabet, Apple, Meta, and Microsoft.

Re: Alibaba breaks itself up in six

#8
It's interesting to contrast China's approach of not allowing business to operate within the plane of power in which the government does, vs. the United States, which has companies whose power is certainly on the level of many state governments.

Re: Alibaba breaks itself up in six

#10
post #6

It’s always hard for me to understand the why when it comes to China’s government. “Investors cheer the move as signalling the end of China’s tech crackdown” If this is government action then why would this be the “end” of government involvement?

I think they mean the end of China’s crackdown wrt alibaba
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