Why the CCP Is Cracking Down on Alibaba While Sparing Tencent

The logo of Alibaba Group is seen at its office in Beijing, China, on Jan. 5, 2021. (Thomas Peter/Reuters)
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Commentary The Chinese regime fined Alibaba $2.8 billion in April under anti-monopoly law, highlighting the regime’s comprehensive review of Chinese internet companies. However, Tencent was only fined $310,000 despite its comparable monopolistic influence in China. For a mega-corporation like Tencent, a fine of this size is equivalent to pennies. The CCP’s biggest grievance with Alibaba is its very large share of the CCP’s precious aut
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