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China attacks Alibaba with an anti-monopoly probe, causing stocks to decline

NEWSDOS by NEWSDOS
December 24, 2020
Reading Time: 4 mins read
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China attacks Alibaba with an anti-monopoly probe, causing stocks to decline

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Chinese regulators on Thursday announced an anti-monopoly investigation by e-commerce giant Alibaba Group, which stepped up efforts by the ruling Communist Party to control the fast-growing tech industry.

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