Posted inChinaWorld

Have Alibaba and Tencent become too powerful for China?

China’s tech giants, with Alibaba and Tencent at the forefront, are transforming China’s economy, and doing so at a much faster pace than their American counterparts, but have they become too powerful? As we noted several days ago, Alibaba’s Jack Ma does not seem so worried about political challenges to Alibaba coming from state-owned enterprises. Rather, he […]