China’s richest man has hit out at online shopping platforms, accusing them of starting price wars that have damaged a wide range of companies and industries as the country tackles an economic slump.

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KIFI

Idaho Falls

Bonneville County

Idaho

United States

China’s richest man blasts tech giants and government inaction in rare rebuke

Zhong Shanshan, the richest man in China, has lambasted online shopping platforms for triggering price wars that have severely impacted industries amid the country's ongoing economic slump. Mr Shanshan, founder of the drinks company Nongfu Springs, also expressed his frustration with the Chinese government, claiming it was "negligent" in addressing the harmful pricing trend. 
Speaking during a visit to a county in eastern China on Tuesday, Mr Sh…

Media Bias/Fact Check

NDTV

Independent Media

Gautam Adani

New Delhi

Delhi Division

Delhi

India

China's Richest Man Slams E-Commerce Giants, Government Over Pricing System

Ad Fontes Media

All Sides

Warner Bros. Discovery

Atlanta

Fulton County

Georgia

On Tuesday (19), during a visit to a county in eastern China, Zhong criticized Pinduoduo, a popular e-commerce site, accusing it of harming companies

Na terça-feira (19), durante uma visita a um condado no leste da China, Zhong criticou o Pinduoduo, site popular de e-commerce, acusando-o de prejudicar empresas

Homem mais rico da China critica gigante da tecnologia e inação de Pequim

Globo

Roberto Irineu Marinho

Brazil

China's richest man criticizes tech giant and Beijing's inaction

By Juliana Liu, CNN Hong Kong (CNN) — China’s richest man has hit out at online shopping platforms, accusing them of starting price wars that have damaged a wide range of companies and industries as the country tackles an economic slump. And in extremely rare remarks that have been largely censored by state media, Zhong Shanshan, founder of drinks company Nongfu Springs, also took aim at the Chinese government, saying it was “negligent” in faili…

News-Press & Gazette Company

KRDO

Colorado Springs

El Paso County

Colorado

The founder of bottled water company Nongfu Spring called Pinduoduo a main contributor to aggressive pricing causing ‘huge harm for Chinese brands’.

South China Morning Post

Alibaba Group

Hong Kong

China’s second-richest man blasts Pinduoduo for hurting domestic brands

KVIA

Panama City

Bay County

Florida

He accused the tech giants for fanning online vitriol against him and instigating a price war.

The Straits Times

Singapore Press Holdings

Singapore

China’s richest man berates PDD, ByteDance for months of misery

Recently, Zhong Shanshan, who has just been the richest man on the "China Mainland Rich List" for four consecutive years, rarely expressed his views on issues such as the cyber violence he suffered in the first half of this year and the rumors that his son is an American citizen. At the same time, he also looks forward to an apology from ByteDance founder Zhang Yiming.

近日，剛剛連續四年蟬聯「中國內地富豪榜」首富的鐘睒睒，罕見就今年上半年遭遇網暴、兒子美國籍傳言等問題發表看法，同時他還期待字節跳動公司創始人張一鳴的道歉。

大陸首富鍾睒睒喊話 期待張一鳴的道歉 | 農夫山泉 | 中國首富 | 字節跳動

大纪元 Epoch Times

Falun Gong

China's richest man Zhong Shanshan calls out, expecting Zhang Yiming's apology | Nongfu Spring | China's richest man

China’s richest man lashed out at two of the country’s biggest tech giants for fanning online vitriol targeting him earlier this year and instigating a price war that wiped out tens of billions of market value for his bottled-water empire.

China’s richest man blasts tech giants and government inaction in rare rebuke

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