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I mean, regardless of whether they are making the right decision, that decision shouldn't be made because Ma insulted government officials. Corruption is corru
by smabie 6y ago
I mean, regardless of whether they are making the right decision, that decision shouldn't be made because Ma insulted government officials.
Corruption is corruption regardless of if the result is just/correct.
The officials don't care about helping the people (or at least that's not their primary concern), rather they hate being made to feel impotent.
- yibg 6y agoDo we know that's why they made the decision? The article makes the claim, but others claimed the updated regulation has been in the works for a while, and it was Ant trying to speed the IPO ahead of it.
- ksec 6y agoTightening financial regulation has been well known / speculated. ( Depending on how you view this ) Jack Ma isn't exactly Xi's Friend. Power Play. And Western Investors wants their money out before it is too late. So it is probably a bit of everything.