Jack Ma addressed teachers via livestream Wednesday and talked about how he’ll spend more time on philanthropy. He didn’t mention his recent run-ins with Beijing.
It is unlikely that billionaire Jack, who was last seen publicly in late October 2020, would go into self-hiding. And even if he is ‘lying low’, it is only to dodge the Xi Jinping administration.
Beijing’s pursuit of Ant Group plays directly into the hands of China’s biggest critics in Washington. US authorities are now debating whether to ban investments in Alibaba & Tencent.
The roots of contemporary law enforcement campaigns can be traced back to the revolutionary period of the Chinese Communist Party, which often needed to rely on mass movements.
Zhong Shanshan, chairman of Chinese bottled-water company Nongfu Spring, beat Warren Buffett, Larry Page and Steve Ballmer to become the sixth wealthiest person on earth.
Morphing back into a clearly defined financial services player and away from the fuzzy fintech giant operations won’t be too tough for Ant. The hard part is capital commitment.
Jack Ma hasn’t been seen in public since Chinese regulators torpedoed Ant’s $35 billion IPO, then tightened fintech regulations and launched an antitrust probe into Alibaba Group.
Similarities between Yukos debacle in Russia & China's crackdown on Alibaba are striking — 2 political systems led by strongmen with penchant for cutting hubristic entrepreneurs to size.
In the centuries to come, economist Bibek Debroy's Mahabharata will attain the importance we attach to the texts of Shankara, Ramanuja, and Madhvacharya.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
The decorated Naga officer from Manipur also served as envoy to Myanmar & Nagaland chief secy. Defence Minister Rajnath Singh inaugurated a museum dedicated to the Tawang hero Thursday.
Congress is silently acknowledging it over-read verdict of last general election. You can see it in easy concession to SP. It will likely be more reasonable in Maharashtra & Jharkhand.
If people learn the difference between net worth and net income we will have world peace