Alibaba Executive Comes Out Swinging Against Counterfeit Claims

Alibaba's Tsai on Earnings, Yahoo, Counterfeits

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It's not every day that an executive for a Chinese company, let alone one of China's best-known companies, takes a public shot at the Chinese government.

That's just what Joe Tsai did. The Alibaba co-founder and right-hand man to Chairman Jack Ma opened an earnings call Thursday with a full-on barrage at the regulator that released a scathing report accusing the e-commerce giant of failing to crack down on counterfeit good and shady merchants on its online malls.