Beijing teaches Jack Ma who the real boss is
The co-founder of shopping giant Alibaba has not been seen since making comments about the country’s banks
10 January 2021 • 6:00pm
When WPP founder Martin Sorrell arrived in Lagos, Nigeria, for a conference in 2019 he remembers the buzz that had been created by another well-known entrepreneur who had been there just the week before to promote his Apprentice-style TV contest. Jack Ma, the billionaire founder of Alibaba, had everyone talking.
“He had electrified all the young entrepreneurs with his speeches, enthusiasm and presence,” Sorrell recalls. But Ma has not been seen in public since he criticised the country’s regulators and banks last October. When he failed to appear on his TV show last week, questions over his whereabouts grew.
Billionaire Jack Ma is a rare figure in China: a charismatic entrepreneur who speaks his mind and pushes boundaries. That free-wheeling attitude made the A
Departures Podcast with Rana Mitter
By Editor | Published: December 28, 2020
For much of China’s history, the Communist Party leadership sought to portray the country’s experience in World War II as that of a victim of Japan. But now, as China grows much more powerful and influential, the historical memory is also adapting to tell a different story.
This week we are joined by Rana Mitter, a professor of history at Oxford University, who is the author of “
Mitter’s book argues that China’s reassessment of the World War II years is central to its newfound confidence abroad and to mounting nationalism at home. These arguments, which include the promotion of China’s role in creating the postwar global order, are reinforced by stronger efforts of public memory of the war, including museums, movies and television shows, street art, popular writing, and social media.
Jack Ma s Ant Group Slashes Credit Limits For Chinese Borrowers As Credit Impulse Goes Into Reverse zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.