On the contrary, I think dumping Alibaba was a bad move. Alibaba is positioned to really corner an important market. It's like selling off early Google shares, or Amazon shares. Bad idea... they're going to regret that.
You just never know what may happen with a Chinese company down the road. But it's true that Yahoo management has a history of making some decisions that are not so great.
Haven't every competitor done something with China not to be mistaken? I think it is so screwed up it is not funny. I can only watch as things plummet further down the drain with nonsense.