Beijing needs to put away the broad brush and use more finesse in tackling market dominance by its tech giants, or risk destroying its tech-enabled social infrastructure.
Beijing’s pursuit of Ant Group plays directly into the hands of China’s biggest critics in Washington. US authorities are now debating whether to ban investments in Alibaba & Tencent.
Similarities between Yukos debacle in Russia & China's crackdown on Alibaba are striking — 2 political systems led by strongmen with penchant for cutting hubristic entrepreneurs to size.
Alibaba’s smart factory is an attempt at leveraging its consumer data & tech to help multi-trillion-dollar manufacturing arena improving efficiency & meet consumer expectations.
Ant Group stopped taking orders from big investors a day earlier than planned due to great demand. But a smash-hit IPO doesn’t always translate into a long-term winner for investors.
The first shopping center to create a virtual replica of a mall — Marina Square — is taking more than 30 tenants online with Lazada, the Southeast Asian unit of Alibaba.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
In US & most part of world, gov & people serve capitalists. So Wall Street & Big Tech like Google, FB, Twitter, Amazon,…tell gov what to do and say, or they will silent even Prez & his 75mils voters.
In China, capitalists have to serve gov and people. So China don’t care how influential or huge like Alibaba & ants($2.5T IPO), they will be surgical operate hard if they stray off to threaten nation’s interest.
These giants are stiffening and destroying all small startup and small businesses via predatory acquisition, heavily subsidized sales, monopoly of platform, excessive high risk bearing of micro loan, etc.
To grow revenue endlessly, they have grown tentacles into every aspects, including market vegetable selling by subsidizing heavily to kill all small vendors. Once monopoly achieve, consumers have to pay dearly.
India should emulate China to regulate if Ambani & Adoni can agree.
In US & most part of world, gov & people serve capitalists. So Wall Street & Big Tech like Google, FB, Twitter, Amazon,…tell gov what to do and say, or they will silent even Prez & his 75mils voters.
In China, capitalists have to serve gov and people. So China don’t care how influential or huge like Alibaba & ants($2.5T IPO), they will be surgical operate hard if they stray off to threaten nation’s interest.
These giants are stiffening and destroying all small startup and small businesses via predatory acquisition, heavily subsidized sales, monopoly of platform, excessive high risk bearing of micro loan, etc.
To grow revenue endlessly, they have grown tentacles into every aspects, including market vegetable selling by subsidizing heavily to kill all small vendors. Once monopoly achieve, consumers have to pay dearly.
India should emulate China to regulate if Ambani & Adoni can agree.