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For years, Beijing encouraged runaway growth of the country's internet giants as a symbol of Chinese tech prowess. Now, though, they appear too sprawling and influential for comfort.   © Illustration by Daniel Garcia
The Big Story

China rethinks the Jack Ma model

Alibaba, Tencent and a host of internet giants face new scrutiny from the Party

NIKKI SUN, Nikkei staff writer | China

HONG KONG -- When China's business regulator accused Alibaba Group Holding of selling counterfeit goods over the internet in a report five years ago, the e-commerce giant did not hesitate to fight back.

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