Two visitors in front Taobao model of Office Building at Alibaba Xixi Park on July 13, 2017 in Hangzhou, Zhejiang province of China. Alibaba sales soar but a crackdown from the US may be looming.
\Credit:	Wang He/Getty Images

Two visitors in front Taobao model of Office Building at Alibaba Xixi Park on July 13, 2017 in Hangzhou, Zhejiang province of China. Alibaba sales soar but a crackdown from the US may be looming.
\Credit: Wang He/Getty Images

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Alibaba sales soar but US crackdown may be looming

China's economy has bounced back from the Covid-19 outbreak in China's Wuhan province. That's great news for Alibaba, the e-commerce and cloud giant. But the company also acknowledged the threat of being caught up in the burgeoning trade war between the United States and China.