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In China’s business crackdown, corruption probe casts pall over Alibaba’s hometown

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Over the weekend, Chinese anti-graft regulators announced they have launched an investigation into Hangzhou’s party secretary Zhou Jiangyong for suspected “disciplinary violations,” an official euphemism for corruption. On Monday, authorities announced a broader anti-graft probe against Hangzhou’s current officials, as well as those that recently retired or resigned, focused on their business activities.

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