E-commerce firms like Alibaba and Pinduoduo would lose their trading licenses if they continue to flout intellectual property rules under a legal amendment being reviewed by Chinese policymakers.
New legislation could see Alibaba and Pinduoduo lose licenses
Chinese authorities have been paying more attention to the protection of IP rights in recent years. © Reuters
E-commerce firms like Alibaba and Pinduoduo would lose their trading licenses if they continue to flout intellectual property rules under a legal amendment being reviewed by Chinese policymakers.