The Great Firechat

#15 - Alibaba's $2.8 bn anti-trust hit + China's digital yuan world domination


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This week your co-hosts take on China's 996 work culture, then jump into the frenzied pundit waters churned up by the announcement that Alibaba was fined 2.8 billion USD for using its monopoly power to harm competitors. Later, Adeh tries to convince Kevin that the digital yuan may take over the world! 

What do you think? Give it a listen and send us your thoughts.

  • A recent trending post critical of 996 culture in Chinese tech companies https://www.sohu.com/a/457730317_113767
  • Alibaba gets fined 2.8B USD for monopolistic behavior https://www.wsj.com/articles/alibaba-hit-with-record-2-8-billion-antitrust-fine-by-chinas-market-regulator-11618018830
  • 100 start-ups have pulled plans to IPO in Shanghai after Ant Financial's 'failed' IPO and tightened scrutiny https://www.reuters.com/article/us-china-tech-exchanges-analysis/analysis-chinese-tech-start-ups-pull-ipo-plans-as-beijing-tightens-scrutiny-idUSKBN2BY0UL 
  • US starts to take notice of the digital yuan, and what it could mean for the future https://www.scmp.com/economy/china-economy/article/3129161/china-digital-currency-biden-administration-steps-scrutiny-e
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The Great FirechatBy Kevin and Adeh