Billionaire
Jack Ma goes missing more than two months after Beijing launched an
investigation into Alibaba and Ant Group, while many of his big programs
have been replaced by others. This is according to the release of the
British newspaper Reuters on Tuesday, January 5, 2021.
China's
most reputable entrepreneur has not appeared in public since his last
forum in October in Shanghai, where he clashed with Chinese officials
and blamed the Chinese legal system. In its speech as well. As a
result, the Chinese government suspended more than $ 34 billion in
investment from Alibaba’s and AntGroup.
According
to local media reports on Monday, the Chinese businessman and
billionaire had to attend a TV show created by Jack Ma himself, and he
was also named to the committee. The final was not in his presence, but
instead saw the CEO of Alibaba instead.
An
Alibaba spokesperson confirmed that due to Jack Ma having duplicate
programs, the CEO had to replace him, but did not specify what program
Jack Ma was on. That no.
The
Chinese government has been investigating Jack Ma's business since his
speech in October, which included an investigation into a case in which
Alibaba ordered AntGroup to increase lending and financial business to
other customers. It also includes setting up companies to meet their
capital needs.
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