Commentary The Chinese regime’s credit information agency disclosed on Dec. 10 that Suning Holdings Group pledged all its shares to Taobao, a subsidiary of Alibaba. On the same day, a high-level Chinese official visited Suning Holding’s headquarters in Nanjing, the capital city of Jiangsu Province. But it seems the investigation was merely a political show and an attempt to conceal the company’s financial troubles. Suning Holdings was founded in 1990 by Zhang Jindong in Nanjing. The company has businesses in retail, real estate and financial services, and well-known among consumers for selling home appliances and electronics in 1,600 outlets across China, according to Chinese media reports. The company owns Shenzhen listed Suning.com and Suning Sports, which acquired a majority stake in European soccer club Inter Milan in 2016. Suning Group ranks second in the All-China Federation of Industry and Commerce (ACFIC) annual list of the nation’s “Top 500 Private Enterprises” …