Beijing Acquires ‘Golden Shares’ in Alibaba Units

NTD Newsroom
By NTD Newsroom
January 14, 2023China in Focus
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The Chinese regime has acquired stakes in two subsidiaries of tech giant Alibaba as it has been taking “golden shares” in private online media and content companies in recent years. These shares will give the Chinese Communist Party special rights to strengthen control over online content.

 

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