North Asia, April 12, 2021: Daily Developments
13 Developments Today CHINA 1. China levied a record USD 2.75 billion penalty on Alibaba Group Holding Ltd on April 10. This came after an anti-monopoly probe found the e-commerce giant had abused its dominant market position for several years. The fine, about 4% of Alibaba’s 2019 domestic revenues, comes amid a crackdown on technology conglomerates. […]