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Ecommerce

Congress Sets Stage for Exiling Chinese Stocks From U.S. Over Audit Dispute [Video]

The House unanimously approved legislation that threatens a trading ban of shares of Chinese companies, such as Alibaba, over concerns that their audits arent sufficiently regulated.

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Ecommerce

Ant Founder Jack Ma Faces Backlash From Regulators [Video]

The extraordinary move to suspend the $34 billion initial public offering of Ant Group, the online-finance operation carved out of Alibaba, caps a tug of war between billionaire Jack Ma and Chinas top regulators.