The Economic Times News<\/p>\n
As a thousand maternal puns bloom in India after the western media realised that Chinese business magnate Jack Ma has been missing since November 2020, a sigh of relief has broken out among India\u2019s business class \u2014 none has gone missing because none lives in China. Phew-shew.<\/p>\n
The People\u2019s Daily, official newspaper of the\u00a0Chinese Communist Party<\/a>, reportedly stated that Ma is now \u2018embracing supervision\u2019 at an undisclosed location \u2014 although a search on the daily\u2019s English website responded with: \u2018\u2018Jack Ma\u2019 not found\u2019.<\/p>\n So, what has prompted the country north of Tibet to swing Alibaba\u2019s Ma\u2019s poster-boy status to that of a \u2018vampire\u2019? Apparently, his open criticism of China\u2019s banking system and banking officials, whom he had described as having a \u2018pawnshop mentality\u2019.<\/p>\n What was he thinking! That he was in India where businessmen freely and regularly air constructive criticism? Ma\u2019s Ant Group\u2019s $37 billion initial public offering was infamously suspended in November when authorities didn\u2019t like the idea of Ma getting too big for his boots.<\/p>\n His joining the likes of Chinese-Canadian businessman Xiao Jianhua, who mysteriously disappeared in 2017, was perhaps not anyone\u2019s cards, as Ma was seen as \u2018too big to vanish\u2019. But single-party systems characteristically don\u2019t like monopolistic behaviour. So,\u00a0Mao<\/a>\u00a0is taking care of Ma.<\/p>\n ___ Jack Ma’s disappearance – an Alibaba mystery The Economic Times News As a thousand maternal puns bloom in India after the western media realised that Chinese business magnate Jack Ma has been missing since November 2020, a sigh of relief … Continue reading
\nhttps:\/\/economictimes.indiatimes.com\/magazines\/panache\/jack-mas-disappearance-an-alibaba-mystery\/articleshow\/80126244.cms<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"