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Is Jack Ma Helping China Reinforce Communist Regime s Digital Authoritarianism? | Voice of America

English By Joyce Huang Share on Facebook Print this page TAIPEI, TAIWAN - China’s regulators have reiterated that their probe into financial technology giant Ant Group, founded by the beleaguered billionaire Jack Ma, would not undermine the company’s development and was not a move against private firms – a message widely seen as a government effort to alleviate market concerns over the entrepreneur and the fate of his business empire, Alibaba Group. But most observers VOA spoke to remain convinced that by tightening regulatory controls, China is pressuring Ma into cooperating and sharing the troves of consumer-credit data collected by both Ant and Alibaba, which is also under anti-monopoly investigation.

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