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Tencent's founder Pony Ma praises China's new support for private firms

Pony Ma, the low-profile founder of Tencent, published an article in state media praising Beijing's new policies for the private sector. ....

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Tencent's Ma airs frustration over China's slowdown

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 Chinese Internet users of taking online service providers like ....

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Bottled-water tycoon is China's richest man with $81.6b fortune

HONG KONG - Bottled water, vaccine development, short video platform TikTok and electric vehicle technology propelled the big earners on China’s rich list this year, as embattled property moguls and others facing regulatory scrutiny slipped down the rankings. Zhong Shanshan was No. 1 on the Hurun China Rich List 2021 published on Wednesday, with personal wealth of $60.6 billion (S$81.6. ....

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Bottled water, vaccines and electric vehicles propel China's biggest earners

Bottled water, vaccine development, short video platform TikTok and electric vehicle technology propelled the big earners on China's rich list this year, as embattled property moguls and others facing regulatory scrutiny slipped down the rankings. ....

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China tightens political control of internet giants

After flourishing for two decades with little regulation, China’s internet industries face a future of tighter control by the ruling Communist Party and pressure to pay for its tech ambitions, social welfare and propaganda ....

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