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The vanishing billionaire: how Jack Ma fell foul of Xi Jinping
- fireeyed 6y agoHe was a Chinese Communist Party puppet like all mainland Chinese "entrepreneurs" are. You can't get offical approvals, expand, seek loans get permits to sell without the blessing of regional CCP officals. [1] The problem for him started when he started traveling internationally speaking at conferences with Musk. He went way over is head and thought he really was a CEO. The CCP reminded him who really is the boss. [1]https://www.businessinsider.com/alibaba-jack-ma-outed-as-a-member-of-china-communist-party-2018-11 https://www.businessinsider.com/alibaba-jack-ma-outed-as-a-m...