Tencent Spared Amid China Tech Monopoly Crackdowns

Share on facebook
Share on twitter
Share on whatsapp
Commentary The Chinese government fined Alibaba $2.8 billion under the anti-monopoly law, highlighting the Chinese government’s comprehensive review of mainland Internet companies. However, Tencent, another monopolistic Internet company in mainland China, was only fined $311,610, mere pennies for a mega-corporation like Tencent. The CCP’s biggest grievance with Alibaba is that it has grabbed a very big slice of the CCP’s precious banking an
Subscribe or log in to read the rest of this content.

Subscribe for Newsletter

Sign up to receive important news avoided by other media.

Scroll to Top