ALIBABA PLUNGES $20 BILLION OVER US-CHINA CHIP WAR
- NEWS Desk Global
- Nov 16, 2023
- 1 min read
An escalating fight between the US and China for technological dominance has triggered one of the most stunning reversals of corporate strategy yet: On Thursday, Alibaba Group Holding Ltd. walked back plans to spin off and list its $11 billion cloud business.
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