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Alibaba Head Downplays Dispute with Chinese Regulator

Alibaba head Jack Ma said he has resolved a dispute with Chinese authorities over fake goods allegedly sold over the e-commerce website. A Chinese regulatory agency had claimed the majority of items sold through Alibaba were counterfeit. Ma said the whole episode should end up being a positive experience for the company. Ma’s Alibaba Group is an internet giant, which last year raised $25 billion when it sold shares on the New York Stock exchange in the largest initial public offering in...

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