View full page at cryptocraft.com

 

Tech billionaire Jack Ma was removed from own reality show and hasn't been seen for months after falling foul of Pres Xi over anti-reg speech

From dailymail.co.uk

The Chinese tech billionaire behind Asia's version of Amazon has reportedly not been seen in public for more than two months after falling foul of President Xi Jinping. Jack Ma, one of China's most successful and outspoken tycoons, criticised the country's 'pawnshop' financial regulators and state-owned banks in an incendiary speech in Shanghai in October. He called for reform of a system that 'stifled business innovation' and likened global banking regulations to an 'old people's club'. The speech angered the Chinese government, which viewed Ma's criticisms as an attack on the authority of the Communist Party, and ... (full story)

Story Stats

  • Posted:
  • Category: Entertainment News