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Chinese government tells Alibaba to drop media business, report says

Chinese government tells Alibaba to drop media business, report says

Chinese authorities have asked Jack Ma’s Alibaba Group to divest its media assets, WSJ reported. The report said Beijing is worried about the influence of the e-commerce behemoth on public opinion in the country where information is tightly controlled. Among the media companies that Alibaba has assets are social media platform Weibo and Hong Kong-based English news outlet South China Morning Post.

Sandra
Sandra
GB Oz
GB Oz 0 months

Hmmm I wonder why. The CCP are running scared for what may become a way to get around the firewall and/or so their population cannot get real news. They don’t want their propaganda machine losing its reach of control

Prince Azmiran
Prince Azmiran 3 weeks

And people think Chinese companies are capitalist. Nope, just facades their government props up to look private.

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