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China warns of ‘no mercy’ in regulatory crackdown, Jack Ma’s Alibaba-linked Ant Group in crosshairs

China has vowed to ramp up its regulatory crackdown and show “no mercy” against corruption as the ruling Communist Party gears up for a key meeting that could secure President Xi Jinping a third term. The announcement suggests authorities have no plans to rein in investigations that engulfed China’s tech industry last year or an […]