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In the aftermath of the US$2.8 billion fine imposed on Alibaba, Xu Le reflects that for Alibaba, this is no big shakes as the amount makes up only a small percentage of its revenue. However, in the larger scheme of things, industry players will be saying goodbye to unregulated days of wild growth. They too will have to grit their teeth and get ready for fiercer domestic competition amid a harsh external environment. Will this mean a slowdown in China's tech and internet sectors?
In the aftermath of the US$2.8 billion fine imposed on Alibaba, Xu Le reflects that for Alibaba, this is no big shakes as the...
Shivaji Das, author of travelogue “The ‘Other’ Shangri-la: Journeys through the Sino-Tibetan Frontier in Sichuan”, captures vignettes of life in the picturesque mountains of the Garzê Tibetan Autonomous Prefecture in western Sichuan. At the end of his journey, he asks: Would Shangri-La become indistinguishable from Disneyland? Would Han cultural hegemony obliterate every other peculiarity once a mesh of high-speed trains, all-weather roads, and Weibo accounts spread out in the region? Or would an environment of mutual trust, understanding, and accommodation be established?
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