Ant's cancelled IPO is what happens when you criticize your overlords like Jack Ma did.
A lesson to others to toe the party line.
China’s State Administration for Market Regulation has opened a discussion on a revised anti-monopoly law for the Internet age. A Monday announcement reveals the agency intends a wide-ranging consultation on e-commerce, touching on matters ranging from consumer protections, truth in advertising and whether the structure of the …
Admittedly YMMV, however. nevertheless ....... here be
the a prime candidate gold standard.
amanfromMars  ............ being very PC on https://www.zerohedge.com/geopolitical/communist-party-expands-crackdown-chinas-tech-billionaires-after-spoiling-antAnybody who doesn't immediately recognize the irony in the notion that the CCP is merely trying to make its markets fair and competitive for the "little guy" probably doesn't truly understand the nature of the relationship between the Party, and the Chinese economy. Fundamentally, before everything else, it's about control, not fairness.
That paragraph was very nearly right, Tyler. It just went all wrong right at the very end in the last sentence which should read ........ Fundamentally, before everything else, it's about control with fairness.
Such makes a colossal difference.
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