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Tencent Holdings Ltd’s billionaire co-founder Pony Ma shared a viral opinion piece on the economic costs of China’s strict Covid Zero measures, in a rare show of frustration after his company struggled to grow during the first quarter.
Tencent Holdings Ltd’s (騰訊) billionaire cofounder Pony Ma (馬化騰) shared a viral opinion piece on the economic costs of China’s strict “zero COVID” measures, in a rare show of frustration after his company struggled to grow during the first quarter. Ma, usually reluctant to step into the spotlight, reposted the column on his semi-public WeChat feed over the weekend. From the long piece — which called out economists, academics and even average Internet users for dismissing the economic impact of Beijing’s harsh COVID measures — Ma extracted a short segment that accused Chi...