Alibaba Shares Face Geopolitical Storm as U.S. Allegations Surface

Eleven days before its critical quarterly earnings report, Alibaba finds itself confronting serious allegations from U.S. authorities that have sent shockwaves through investor circles. The White House has leveled accusations that the e-commerce giant provided technical support for Chinese military operations targeting U.S. interests, creating fresh tensions between the company and American regulators.

According to documentation from the National Security Council, Alibaba allegedly supplied capabilities to China’s People’s Liberation Army that U.S. security officials consider threatening to national security. These charges represent a significant escalation in the ongoing technology conflict between Washington and Beijing, echoing previous confrontations involving other Chinese technology firms.

The company immediately Read more...