Friday, 24 March, 2023

China government asks Alibaba to dispose of all media assets

<p>Beijing has asked Alibaba to dispose of its media assets, said a Wall Street Journal report. Alibaba, having a key interest in online retail, has stakes in Chinese Twitter- called Weibo, Hong Kong-based newspaper South China Morning Post and others. The report said that the Chinese government see such influence as a potential challenge to the Chinese Communist Party authority and its own powerful propaganda assets.</p>