Live Breaking News & Updates on சீனா சமீபத்தியது செய்தி

Stay updated with breaking news from சீனா சமீபத்தியது செய்தி. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

China Alibaba latest news I China denies plan for $1 billion Alibaba fine, but tech firms take a blow


Chinese market s regulator denied it was planning to fine Alibaba almost $1 billion for anti-competitive behaviour
China denies plan for $1 billion Alibaba fine, but tech firms take a blow  |  Photo Credit: ANI
China denied on Friday it was planning to hit e-commerce giant Alibaba with a record fine of almost $1 billion for allegedly flouting monopoly rules, as authorities turned up the pressure on the country s vast technology sector.
Alibaba, China s largest online shopping portal, has been in the crosshairs of authorities in recent months over concerns of its reach into the daily finances of ordinary Chinese people.
The market s regulator denied it was planning to fine the company almost $1 billion for anti-competitive behaviour, as reported by the Wall Street Journal, who cited unnamed sources familiar with the matter. ....

Hong Kong , Alex Capri , Li Keqiang , Jack Ma , Ant Group , National University Of Singapore , Administration For Market Regulation , Photo Credit , Wall Street Journal , State Administration , Market Regulation , Communist Party , National University , Hong Kong Shanghai , Ali Baba , Ali Baba China , Alibaba China Fine News , Alibaba Latest News , China Latest News , ஹாங் காங் , அலெக்ஸ் கேப்ரி , பலா மா , எறும்பு குழு , தேசிய பல்கலைக்கழகம் ஆஃப் சிங்கப்பூர் , புகைப்படம் கடன் , சுவர் தெரு இதழ் ,