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The world s billionaire factory shudders as China cracks down
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The world’s billionaire factory shudders as China cracks down
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By Blake Schmidt, Coco Liu and Venus Feng
July 13, 2021 10.20am
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It was the kind of brazen PR stunt that Jack Ma might have dreamed up.
But this wasn’t the flamboyant Chinese billionaire who disappeared from public view eight months ago. It was Mark Zuckerberg, bobbing up and down on a hydrofoil surfboard, clutching an American flag and exuding all the confidence of a man worth $US130 billion ($174 billion).
Alibaba founder Jack Ma, who criticised Chinese financial regulators in his last public speech before Ant’s IPO was abruptly suspended, has since resurfaced only a handful of times in carefully choreographed appearances.
Kraft – NECN
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