I'm curious about your third assertion--I am definitely not a fan of the US government's current laissez-faire approach to regulation, but I was able to find a few examples of the US levying larger fines:
In the article you linked, it mentions that this fine was 2.75b, or, 4% of Alibaba's 2019 revenue. I'm not knowledgeable enough in finance to state this as fact, but it looks like BP had a total revenue of 222B in 2015 [1]. 5.5b/222b = 2.47%. The total settlement would be 20b/222b = 9.01%
Now, obviously there are many examples of companies being fined paltry amounts for massive violations in the US, and I'm not sure how to reconcile 5.5b for destroying an entire ocean ecosystem vs roughly the same fine for anti-trust violations. But I don't think it's true that the US never enforces its laws against large and valuable companies. Do you know of any good sources that compare the history of corporate fines in China vs the US in more detail?
Yes retribution against Jack Ma is most certainly evidence that China is better. If you have a better example that this retribution case I am all ears. Comical you pick the first and single case that is directly tied to the Jack Ma incident.
