The motives behind the federal government motion are sophisticated. Officially, it’s designed to curb anti-competitive practices, safe non-public information, and deal with revenue inequality or “capitalist excess.” But it additionally brings highly effective companies nearer in keeping with the Communist Party. “When Alibaba, Tencent, and JD.com are worth billions or even trillions of dollars and yet they are not under the Party’s direct control, this is a totally new and unprecedented reality that China never experienced in history,” says Zhiwu Chen , a professor of economics on the University of Hong Kong. Many specialists describe the strikes as a form...