by Tyler Durden
Friday, Apr 09, 2021 - 05:20 PM
Alibaba founder Jack Ma is apparently still in the dog house six months after criticizing Beijing s regulation of the Chinese tech industry as stifling innovation at an obscure tech conference.
The FT reported Friday morning that authorities in Beijing had forced an elite business school backed by Alibaba Group founder Jack Ma to halt enrollments. Ma founded the school in 2015, ostensibly to train the next generation of Chinese entrepreneurs. Perhaps the CCP is worried that the school might be provoking its students to ask too many questions.
Hupan Academy, based in the city of Hangzhou where Alibaba also has its headquarters, suspended a first-year class set to begin in late March, the FT reported. Tuition for the three-year program amounts to 580,000 yuan ($88,500.98), putting it on par with American business schools in terms of cost. Students listed in the incoming class of 2019 included executives from Keep, a successful Chine
Beijing
China
Donglin
Jilin
United-states
Chupan
Henan
Hangzhou
Zhejiang
Chinese
American
Shen-peng