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China tech

Jack Ma and Alibaba's media power touches nerve in Beijing

Attempts to sway public opinion provoke regulatory backlash

Alibaba Group Holding, founded by Jack Ma, has accumulated a range of media assets including Hong Kong-based newspaper the South China Morning Post. (Source photos by AP and Reuters) 

HONG KONG -- Paying a record fine of $2.8 billion might be enough for Alibaba Group to draw a line under Beijing's anti-monopoly crackdown for now, but China's largest ecommerce company is not off the hook as its extensive media assets remain a concern for the authorities.

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