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AliExpress takes a record €550m hit as Brussels turns the DSA on China's cross-border bazaars
The EU has handed AliExpress a €550m penalty, the largest under the Digital Services Act, after a two-year probe into counterfeit and unsafe goods. The fine lands as Brussels calibrates a template for governing cross-border commerce from Beijing.

Desk note: Monexus treated this as a platform-governance story with a China-West friction overlay, rather than the other way around. The fine is the lede; the cross-border compliance geometry is the through-line.
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