China Uncensored
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Alibaba: I Told You So! | China Uncensored
Posted
February 27, 2015
Views
288,307
Likes
5,038
Comments
525
Engagement
1.93%
February 27, 2015
288,307
5,038
525
1.93%
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6:59Now PlayingSo Alibaba isn't looking like the safest investment after all? Now where did I hear that before, hmm...oh yeah, from ME! Alibaba got itself in hot water with the Chinese regulators SAIC (State Administration of Industry and Commerce) for bribery and counterfeit goods. That caused Alibaba stock prices to tank. And even though things seem to have been patched up between Jack Ma and the Chinese government and Xi Jinping, lawsuits in America have been filed and the honeymoon is over.
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