Alibaba's historic restructuring may show Beijing is warming to Chinese tech giants

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Alibaba's historic restructuring may show Beijing is warming to Chinese tech giants

Alibaba announced that it would create six business units as it looks to unlock shareholder value. But the move could highlight that the Chinese government is relaxing scrutiny and pressure on the domestic tech sector, CNBC's Arjun Kharpal reports.
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Wed, Mar 29 20233:42 AM EDT