China's government is buying Alibaba and Tencent shares that give the Communist Party special rights over certain business decisions, report says
submitted 1 year ago by neolib from (markets.businessinsider.com)
[–]chadwickofwv 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 1 year ago (1 child)
Translation: these companies need bailed out in order to remain in business.
[–]package 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 1 year ago (1 child)
Does anyone actually use alibaba? Every time I've browsed that site everything looks like a scam listing and shipping estimates are in weeks or even months
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[–]chadwickofwv 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (1 child)
[–]package 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (1 child)