Speaking Of Asia

That China worry, again

A year ago, China and President Xi Jinping were feted. Today, growing confrontation with the US and questions over Mr Xi's personality cult are creating a different climate.

Eight months ago, as the New Year rolled around, analysts were placing bets on which of the big tech firms - Apple, Amazon or Alibaba - would be the first to break into the trillion-dollar market capitalisation club.

Many called it for Alibaba, the big Chinese e-commerce platform.

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A version of this article appeared in the print edition of The Straits Times on August 17, 2018, with the headline 'That China worry, again'. Print Edition | Subscribe