Alibaba, JD.com tumble in US as Xi asserts full control in China - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Alibaba, JD.com tumble in US as Xi asserts full control in China

Monday’s selloff came after Xi packed the Politburo Standing Committee with six loyalists during the party’s twice-a-decade leadership reshuffle, with the unprecedented power play demonstrating his unchallenged control of the country’s top decision-making body.

from Stocks-Markets-Economic Times
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