Jack Ma appeared with Putin after the Alibaba penalty

 Jack Ma appeared with Russian President Vladimir Putin in a video conference of the Russian Geographic Association on April 14. However, the billionaire did not speak during the event.

According to Business Insider , this is Jack Ma's first public appearance since the Chinese government sanctioned $ 2.8 billion on Alibaba, the company he founded, on the grounds of abusing a monopoly. Although he no longer serves as chairman, Jack Ma is still a major shareholder of Alibaba.

Over the past several months, the Chinese regime has been going strong with Alibaba and Ant Group, the payments company founded by Jack Ma.

Since the information on the Alibaba penalty was released, Jack Ma's whereabouts and activities have caught the media's attention. Rumors spread that the founder of Alibaba fled to Singapore, was placed under house arrest, confiscated or imprisoned.

On January 20, Jack Ma appeared in a video to 100 Chinese teachers to celebrate the Eighth Day (December 8 in lunar calendar). In February, he was discovered playing golf at Sun Valley Golf Resort, belonging to a 5-star resort with 27 holes of golf, green space.

Before that, he "disappeared" after a talk at the financial forum in Shanghai at the end of October 2020. Here, he openly criticized the inadequacies of the Chinese financial management system, calling for the reform of the apparatus, which he thought was "stifling innovation and creativity".

This week, Ant Group announced its approval of the restructuring order, accepting tighter controls after requests from the Chinese authorities. According to Forbes , Jack Ma is still the richest man in China.

Post a Comment

Previous Post Next Post

Recent Posts

Facebook