Taiwan orders Alibaba withdrawal after rules violation - official
By J.R. Wu and Faith Hung TAIPEI (Reuters) - Taiwan has ordered Alibaba Group Holding Ltd to withdraw from the country within six months because the online retailer had violated investment rules required for a Chinese company, an economics ministry official said on Monday. Alibaba has been fined T$120,000 (2,489 pounds) and must withdraw or transfer its holdings from its operation in Taiwan, Emile M.P. Chang, acting executive secretary for the Investment Commission, told Reuters. The commission
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