Alibaba Group CEO says China's draft anti-monopoly rules are "timely and necessary"

Alibaba Group CEO says China's draft anti-monopoly rules are "timely and necessary"

Chinese e-commerce group Alibaba Chief Operating Officer Daniel Zhang. REUTERS/Stringer

China’s move to draft rules aimed at preventing monopolistic behaviour by internet platforms is “timely and necessary”, Alibaba Group CEO Daniel Zhang said on Monday.

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