Alibaba, Government Near Deal to Bail Out Suning.com

The video discusses Alibaba's existing 20% stake in Suning, a major Chinese retailer, and its potential acquisition of a larger stake in collaboration with the Jiangsu government. Suning, known for its aggressive acquisitions, faces financial difficulties due to heavy debts and government intervention. The company's founder, Zheng Jingdong, may lose control if the deal proceeds. Suning's financial woes are exacerbated by its investments in real estate and sports, including owning Inter Milan. Recent events include a missed payment from China Evergrande and a court freezing assets over a creditor dispute.

What percentage of Suning does Alibaba already own?

• 30%

• 40%

• 10%

• 20%

What is the potential consequence for Suning's founder if the acquisition goes through?

• He will gain more control.

• He will lose control.

• He will retire.

• He will become a government official.

Which sectors did Suning expand into that contributed to its financial issues?

• Automotive and aerospace

• Technology and healthcare

• Real estate and finance

• Education and agriculture

Which European soccer team is owned by Suning?

• Real Madrid

• Inter Milan

• Bayern Munich

• Manchester United

What legal action was taken against Suning's chairman due to a creditor dispute?

• He was arrested.

• He was promoted.

• His assets were frozen.

• He was fined.