Monday, February 8, 2021

Will Alibaba's Problems Impact China in Africa?

 Nikkei Asia published on 9 February 2021 an article titled "Clipping Jack Ma's Wings Will Undermine China's Africa Push" by Lauren Johnston.  

Chinese e-commerce billionaire Jack Ma, the founder of Alibaba, has taken a special interest in Africa but his empire faces regulatory problems in China.  The author argues that if Ma's regulatory issues are perceived as unwarranted state-intervention, it may harm trust in Alibaba products and services in Africa.  That, in turn, could harm the more important story of China's long-term interests in Africa.