---
title: "Oh crap. "Reports from China indicate that the Chinese government may…"
date: 2021-01-04
source: facebook
type: Archer T. Ships shared a link.
---

# Oh crap. "Reports from China indicate that the Chinese government may…

*January 4, 2021 · Facebook*

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[https://www.ibtimes.sg/china-ccp-nationalize-jack-mas-alibaba-ant-group-54444](https://www.ibtimes.sg/china-ccp-nationalize-jack-mas-alibaba-ant-group-54444){target="_blank"}
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Oh crap.\
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\"Reports from China indicate that the Chinese government may be working on a plan to nationalize Jack Ma\'s Alibaba and the Ant Group. China\'s ruling Chinese Communist Party (CCP) has gone further ahead with the antitrust investigation into e-commerce giant Alibaba.\
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\"Based on tip-offs received by the State Administration for Market Regulation in recent days, the administration will be investigating Alibaba \... for suspected monopolistic activities,\" the government said.\
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The investigating agencies had set up an office at the Alibaba headquarters in November. Apart from the e-commerce giant, investigators are also probing social media giant Tencent and e-commerce company Meituan.\"
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