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Has Jack Ma’s Alibaba crossed red line?

The rare activist moment at China’s central bank was too late and too crude. For years, when it came to innovative business ideas, Beijing’s stance has been to let them flourish — there’s always room to regulate and rein in later. And thus gig economy superstars have blossomed. China’s version of Uber Technologies Inc, DoorDash Inc and PayPal Holdings Inc ...

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A data-driven end to capitalism as we know

From interest rates to fashion, pandemics in the past — like the Black Death in the 14th century — have left deep imprints on economic life. This time may be no different. In the aftermath of the coronavirus, governments can reimagine capitalism by giving all of us a stake in the most valuable byproduct of our day-to-day living: data. But ...

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Britain’s Brexit ordeal has barely even started

Britain’s free-trade agreement with the European Union, announced last week after months of fractious talks and days before the transitional Brexit arrangements were due to end, is certainly better than the alternative. Separating with no deal at all would’ve poisoned relations and been worse for both sides than what lies ahead. Yet this agreement settles less than you’d think. Supposing ...

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