Beijing praises Alibaba, Pinduoduo, Meituan for anti-poverty efforts, signalling easing tensions between regulators and Big Tech

Source: South China Morning PostAlibaba Group Holding, Pinduoduo and Meituan were among the few tech companies that the Chinese government publicly recognised and praised at a conference on Thursday for their help in poverty alleviation, a sign of easing tensions between Beijing and Big Tech following enhanced regulatory scrutiny in recent months.Beijing’s recognition of the role played by Alibaba, the owner of South China Morning Post, is part of the government’s celebration of what Chinese President Xi Jinping declared …Read More

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