Meituan has been criticized by regulators in Beijing for monopolistic practices before, notably for exploiting merchants with coercive exclusivity agreements.
Alibaba and its affiliate Ant Group are now in the crosshairs of China’s antitrust initiative targeting tech giants. But media are reading the trustbusting, faithfully, wrong.
While China’s engagement with Africa increases, the One Belt One Road policy diversifies China’s trade partners and reduces demand for African raw materials.