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Alibaba: SEC Asking About Chinese Regulators

by CNBC

Chinese e-commerce giant Alibaba said it is talking with the SEC about its dealings with Chinese regulators and more.

These discussions are at least partly concerning China’s State Administration for Industry and Commerce (SAIC), which issued a so-called White Paper criticizing the firm for not doing enough to control illegal businesses operating on its platforms.

Read the rest of this post on the original site »

This article originally appeared on Recode.net.

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