China CCP to Nationalize Jack Ma's Alibaba and Ant Group – Report

Something about how the images and their captions have nothing to do with the topic of the article seems very suspicious.

Wow. This, alongside Jack Ma being "missing", is really curious.

https://au.finance.yahoo.com/news/jack-ma-missing-232138645....

Best, semi-legit source I can find, there's other news postings, but from more tabloid and sources that aren't as sincere as Yahoo Financial News.

Which, itself is curious, because CNBC spins it differently:

"https://www.cnbc.com/2021/01/05/alibaba-founder-jack-ma-is-l..."

Which also falls under the AU-CN struggle, but also curious about how CNBC did not outright say he's missing yet.

And technically, both could be correct, imprisoned means missing from society but not exactly "missing" in terms of knowing general wherebouts.

Except for the title, I don't think this article substantiate what it addresses as nationalization.

I am most surprised about how surprised everyone is about these events. Did Jack Ma think he was going to tell the CCP how it is? China is executing an executive for bribery and corruption [1] (a lot of bribery and corruption though!).

Perhaps it's simply the Overton Window [2] delta between the US and China.

[1] https://www.dw.com/en/china-sentences-ex-banker-to-death-for...

[2] https://en.wikipedia.org/wiki/Overton_window

(nothing in this comment should be construed as approval, support, etc for the actions of the CCP; this is only intended as an observation)

I was thinking about nationalization separately from this. The west has invested a lot into the Chinese economy hoping to translate the corresponding equity into growth. I wonder if the Chinese are really long term interested in honoring the equity.

Meaning - take the money now, grow the businesses and the economy and then at some point say "It's stupid that we're letting foreigners have 20% (or whatever) ownership of our economy" and just deem it illegal / confiscate that equity.

Obviously it will prevent future foreign investment but if China is in a place where they don't care about that, it would be the move.