>Nobody was happy with the value erasure.
On the other hand a fuckton of value has been irrevocably erased - entire ed tech sector isn't coming back to pre crackdown levels. If anything CCP hasn shown little regard for crippling soft tech since it will redirect talent towards strategic hard tech where job and wages have been booming. Baba getting proper rectification if it incentivizes future talent to reorient towards SMIC seems to be part of the plan.
Re:Alibaba breaks itself up in six
by bigcat12345678 on Tuesday April 04, 2023 @12:18AM
(#35434994)
The ed tech industry is a CCP charged indoctrination dystopian touche rig
It's demise is a self reflection on the beyond limit of control that has to be relieved for the long term stability
The ed tech industry's value is about meaningful as the scam industry
If the units all get too independent, based on my view at ground level in China, is that they will all get more powerful in their respective markets. Nobody was happy with the value erasure.