Then in May, it was reported that Jack Ma had actually visited Alibaba headquarters for an employee social event. I took this at face value and asked my wife (Chinese) what her opinions were on Ma having not been seen in public for so long. Within a couple of minutes she brought up some Chinese social media posts: video: https://open.163.com/newview/movie/free?pid=TG921CJDP&mid=TG... that do indeed show Ma giving a s…
What really happened to Jack Ma?
121–130 of 210 posts
Re: What really happened to Jack Ma?
#122Earlier quoted context omitted.
Would you rather billionaires exerting "unchecked power" or party officials exerting actual, unchecked, power? Because the unchecked power of the typical billionaire couldn't achieve what is being done to Jack Ma.
I'm indifferent. Honestly I think I'd rather see elites fighting among themselves than select a particular brand of unchecked unaccountable power to be lorded over me. Would you prefer to live under Kim Jong Il or Kim Jong Un?
Re: What really happened to Jack Ma?
#123Re: What really happened to Jack Ma?
#124Earlier quoted context omitted.
> But not because some government official suddenly decided they should You mean like this guy, for example? https://www.npr.org/2020/12/11/945565473/u-s-clears-for-rele... Or the (by now, likely in the thousands) people killed by US drone attacks? I don't want to play the whataboutism card, but let's not pretend that the US is somehow exceptional here. In fact, I'd consider it one of the more troubling countries, wi…
The USA is exceptional in that that stuff does not happen to citizens within its borders.
Re: What really happened to Jack Ma?
#125Earlier quoted context omitted.
LGBTQ as a movement is seen as a western influence. It’s funny that I saw your comment, earlier today I read a machine-translated version of this article(1) that was shared by a Wechat contact. I would say this attitude is fairly common among people 40+ in China. Warning if you don’t want to get angry: it is full of repulsive views. (1) https://mp.weixin.qq.com/s/Qar43EmA7x8yhntk5OhXTw
I don't understand your argument. Are the screenshots in that post faked? Because if they are not, they prove that those movements are Western influence...
Re: What really happened to Jack Ma?
#126I think this, in combination with the author's previous article about the moves the CCP have made on Ma's business make it pretty clear what is happening. Ma is being held whilst his businesses are dismantled. Ant is being turned into a traditional bank, Alibaba is being attacked from several directions, Ma's university (a clear source of soft power) is being shut down. When you then ask where Ma is I would say it's…
What happens if Xi kicks the can tomorrow? How smooth is the transition going to be? China is so massive I cant understand how they dont have multiple power centers bumping into each other all the time.
Having experienced that first hand, Deng implemented the term limit, so that there won't be a position of absolute power for the rest of one's life (it's just too much a temptation and thus recipe for chaos every 20-30 years or so).
Now that the term limit is gone, I don't think the transition would be as smooth as the past two decades.
Re: What really happened to Jack Ma?
#127I think this, in combination with the author's previous article about the moves the CCP have made on Ma's business make it pretty clear what is happening. Ma is being held whilst his businesses are dismantled. Ant is being turned into a traditional bank, Alibaba is being attacked from several directions, Ma's university (a clear source of soft power) is being shut down. When you then ask where Ma is I would say it's…
I don't think CCP would throw away billions of worth just because they dislike the man. Unlike the west, China is allowed to meddle into the affairs of any company, so it's not hard to imagine they are just profiting from him, like a shadow takeover. This explains why he is shown around from time to time: to calm down the investors. At some point this circus would be over, and the companies will collapse by themselve…
Re: What really happened to Jack Ma?
#128Earlier quoted context omitted.
It's kind of intriguing to me because, as a member of a western society, I think we place largely the same expectations on people to conform, the only difference is in how the enforcement is applied. In many countries, cities, and neighbourhoods in "the west" if you aren't white you experience exactly the kind of insecurity you describe elsewhere. There are plenty of incidents where non-white residents are arrested w…
>In many countries, cities, and neighbourhoods in "the west" if you aren't white you experience exactly the kind of insecurity you describe elsewhere. There are plenty of incidents where non-white residents are arrested while working on their own car, or entering their own home because a neighbour saw them and decided they did not or could not belong. Does this go beyond anecdotes and are that quantifiable occurrence…
Corruption is a pretty good example. When it occurs non-western country it's called out and criticised but when speaking about western countries we dress it up in fancy clothes. In the U.S. it's "Lobbying", in the UK it's "Cronyism" or "Chumocracy". By redefining the terms, corruption becomes something that only happens elsewhere, in less "civilised" places, and not something that has to be dealt with at home.
Labour could be another, there's a huge lack of perspective in discussions around foreign labour standards where we will condemn the working conditions in China or India while ignoring the fact that these people are experiencing those conditions working in the factories of some of the wealthiest companies in the west.
Re: What really happened to Jack Ma?
#129Earlier quoted context omitted.
> In the USA What the US does to non-citizens outside the USA is a messy area. Inside the USA? The rules are far more clear.
On an individual basis the rules are often vague and selectively enforced. As a collective institution there was the whole Edward Snowden thing where he pointed out that the NSA had definitely not been following those rules and no one who knew what they were doing seemed particularly keen on stopping them.
Re: What really happened to Jack Ma?
#130I think this, in combination with the author's previous article about the moves the CCP have made on Ma's business make it pretty clear what is happening. Ma is being held whilst his businesses are dismantled. Ant is being turned into a traditional bank, Alibaba is being attacked from several directions, Ma's university (a clear source of soft power) is being shut down. When you then ask where Ma is I would say it's…
how would this impact the stock? it didn't seem to have responded yet to those news. shouldn't that be the case if those theories were true? lots of large investors should have info on Ma's and Alibaba's fate.
https://www.google.com/finance/quote/BABA:NYSE?window=5Y&com...