Why Did Xi Jinping Purge Jack Ma?
Commentary
Jack Ma, now China’s fourth-richest man and the former CEO of Chinese e-commerce giant Alibaba, criticized China’s financial system policies at the Bund Summit 2020 in October. Since then, his enterprises have become the target of Xi Jinping.
At first, the listing plan for Ant Group, an affiliate company of Alibaba, was halted on Nov. 3. On April 10 this year, the Alibaba Group was fined $2.8 billion on the grounds that it violated an antitrust law, and Ma’s elite business school, Hupan University, was forced to halt enrolments.
I don’t think Ma’s troubles are over.
4 Min Read
WASHINGTON (Reuters) - The United States announced sanctions on Friday against six Hong Kong or Chinese officials it blamed for implementing a new security law in Hong Kong, following the mass arrests of pro-democracy activists this month.
FILE PHOTO: Pro-democracy activist Lester Shum is taken away by police officers after over 50 Hong Kong activists arrested under security law as crackdown intensifies, in Hong Kong, China January 6, 2021. REUTERS/Tyrone Siu/File Photo
Hong Kong police arrested 53 people on Jan. 5 in the biggest crackdown on the democracy movement since China last year imposed a security law which opponents say is aimed at quashing dissent in the former British colony.
Beijing’s Crackdown Runs Into Hong Kong’s Rule of Law
Pushback against politically motivated prosecutions is emerging from lawyers, judges, and the principles of Hong Kong’s common law system itself.
January 27, 2021
Police detain protesters after a protest in Causeway Bay before the annual handover march in Hong Kong, Wednesday, July. 1, 2020.
Credit: AP Photo/Kin Cheung
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Even as the Hong Kong government is increasing penalties for political speech and civic activism, including under the National Security Law enacted last June, the authorities are encountering some constraints on their ability to run roughshod over Hong Kong’s long-respected legal system.
Reacting to the US sanctions imposed on the Chinese and Hong Kong officials, Bejing on Monday (local time) announced sanctions on American officials and lawmak
Beijing [China], January 19 (ANI): Reacting to the US' sanctions imposed on the Chinese and Hong Kong officials, Bejing on Monday (local time) announced sanctions on American officials and lawmakers for having "blatantly intervened" in Hong Kong.