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In China, thousands of people have disappeared as authorities snatched them from their homes and off the streets, as part of a secretive and sinister progra
In China, thousands of people have disappeared as authorities snatched them from their homes and off the streets, as part of a secretive and sinister progra
In China, thousands of people have disappeared as authorities snatched them from their homes and off the streets, as part of a secretive and sinister progra
President Xi is not about to overturn Chinese capitalism, nor is the regime implementing “communist” measures against the super-wealthy oligarchs it helped to create.
Why Did Xi Jinping Purge Jack Ma? Commentary Jack Ma, now China’s fourth-richest man and the former CEO of Chinese e-commerce giant Alibaba, criticized China’s financial system policies at the Bund Summit 2020 in October. Since then, his enterprises have become the target of Xi Jinping. At first, the listing plan for Ant Group, an affiliate company of Alibaba, was halted on Nov. 3. On April 10 this year, the Alibaba Group was fined $2.8 billion on the grounds that it violated an antitrust law, and Ma’s elite business school, Hupan University, was forced to halt enrolments. I don’t t...