to reassure entrepreneurs rattled by Ma’s defenestration and sector-wide crackdowns that the government still values them.
A better way to reassure investors might be to clarify the status of Ant, the payments-to-credit group co-founded by Ma, which remains. Letting it revive its initial public offering, which was derailed after Ma’s jeremiad, would put money where Li’s pro-market mouth is. Ma visited a private school he founded in the city of Hangzhou, the headquarters of Alibaba and Ant, following a stop in Hong Kong, where he attended the city's Art Basel fair, according to the report. The school, Yungu Education, posted photographs as well as a video of Ma at the school.
Source: News Formal (newsformal.com)
ReutersChina mak_robyn China needs to allow these businessmen who know what they are doing to make money. Ever since they started screwing with this guy their economy has not grown like it was
ReutersChina mak_robyn No one is allowed to dominate business in China. The curb of Jack Ma diminance and his arrogance shown to the Govt is a lesson for the business sector to remain humble and not to monopolise but a share share fair business deal equation. That's communism to help the poor and SMEs.
mak_robyn Love-hate ? Only hate is real!
mak_robyn Not 'love hate' but 'control & obey' Thats how dictatorship works!
mak_robyn You sucks to challenge gov
ReutersChina mak_robyn Jack Ma would be destroyed by china Communist Party any day.
ReutersChina mak_robyn Don’t let CCP fool you again!
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