The Chinese Communist Party is conducting a large-scale investigation into whether city executives are cohesive with companies in Hangzhou, Zhejiang Province, in the eastern part of the country, where Alibaba Group, the largest online retailer, is headquartered.
Xi Jinping leadership have strengthened the control of the giant IT companies such as Alibaba, it has been drawing attention to the whereabouts of the investigation.
On the 21st of this month, the Central Commission for Discipline Inspection, which is responsible for detecting corruption of party members in the Chinese Communist Party, announced that it is investigating Hangzhou's top secretary, Isamu Zhou Jiang, for serious disciplinary violations.
In addition, the city executives and their families have announced that they will investigate whether they are collusion with the company and profitable, and so far about 25,000 people have been targeted.
Alibaba Group, the largest online shopping company, and its subsidiary Ant Group are headquartered in Hangzhou.
There are speculations on the Internet that the city's top may have been trying to get unfair profits by collusion with Ant Group, and Ant Group has issued a statement denying this.
Xi Jinping leadership have strengthened the control of the giant IT companies such as Alibaba to increase rapidly influence, it has been drawing attention to the whereabouts of this survey.