Alibaba passes through the storm into the slog

Photo: BloombergPremium
Photo: Bloomberg
wsj 2 min read . Updated: 04 Aug 2022, 08:28 PM IST Jacky Wong, The Wall Street Journal

The worst of China’s tech crackdown may be over, but strong headwinds remain

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Alibaba’s life remains tough. It has survived the brunt of Beijing’s regulatory fury—but now needs to learn to live with a weaker Chinese economy, which is likely to persist. And while new regulatory fusillades from Beijing may be slower to appear, a less permissive political environment in China looks permanent.

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