All posts tagged: alibaba

Tech giants just the first to get aligned in China

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SvD Näringsliv

This column was first published in SvD Näringsliv, in Swedish, on August 20th, 2021. Contribute to the state’s goals – or suffer the consequences. This is the message that the Chinese state has recently sent to the country’s tech companies. Fears are now being raised that the same harsh stance will spread to more sectors. 50 billion yuan – about 7,75 billion dollars – will be invested to revive the countryside and raise wages for Chinese […]

China’s pressure makes tech companies think twice

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SvD Näringsliv

This column was first published in SvD Näringsliv, in Swedish, on April 10th, 2021. The stock market rise for the American tech companies has reached new heights. In China, the exact opposite is happening – an involuntary power struggle has flared up with politicians. It has made the stock market debutants tune in to the assembly line. China Nasdaq. That’s how the new tech exchange Star Market was introduced when it started in Shanghai in the […]