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It seems that Chinese regulators feared that Ant's IPO would turn it into something too big to control and tried to set new rules that would put some breaks on
by Rzor 5y ago
It seems that Chinese regulators feared that Ant's IPO would turn it into something too big to control and tried to set new rules that would put some breaks on it. Ma got pinned down for comments against regulators calling them risk averse. Munger criticized Jack Ma's boisterous attitude when it came to Ant. Now people are thinking that Munger wants the same censorship that China has in the USA, for some reason. Is this correct? Because that's what I'm getting from it.