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Surprised that didn't happen with Alipay given the strong connection to the Jiang Zemin faction. There isn't a analogue for Alibaba's commerce businesses amongst its competitors. Otherwise I would have expected Alibaba to have got a similar flaying. I suspect that tax man going in could be the start of an investigation into capital flight and the early western investors cashing out

Jul 16, 2021
at
5:37 PM