Title: Chinese Government Has A Huge "Stake" In Alibaba
Headings: Chinese Government Has A Huge "Stake" In Alibaba
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Chinese Government Has A Huge "Stake" In Alibaba

Content: The government of China does not allow its citizens to legally (many do using VPNs) check Facebook pages, send tweets (Twitter), nor are they allowed to access Google's Youtube service. Just on Friday, Alibaba announced that it was buying the 75% stake in Youku Tudou that it does not own for around $26-$27 per ADS. What does Youku do you ask? It's a YouTube imitation site that runs videos, clips, etc just like YouTube does. Of course, the Chinese government has no issues with its citizens accessing Youku content. In addition, Alibaba owns a stake in Weibo, which is the Chinese equivalent of Twitter and the Chinese government has no objections to its use by Chinese citizens. US based giant global retailer Walmart has been targeted repeatedly for mislabeling and other "violations". Even vaunted Apple has at various times run afoul of Chinese authorities although in all fairness, the authorities have made some concessions to the company as well. Since the early days, Alibaba, has been supported by the Chinese government which used Alibaba's Taobao and Tmall sites to do billions of dollars of transactions between various government agencies which allowed Alibaba to post eye-popping revenues and growth in the early days. The Chinese government still conducts a lot of trade between its various agencies using Alibaba platforms so as to ensure the continued scorching growth rates that Alibaba has been able to post year in and year out.