12-24-2020, 01:07 PM
(12-24-2020, 12:57 PM)vbin Wrote: Jack Ma is bad mouthing the same govt who helped him build the empire. What happens if they decide to set an example out of it for others. From what I know is it's pretty serious. Not going away any time soon. Started before ANT IPO.
Criticizing Xi is not a good plan for staying in business in China. I don't think BABA is anything other than a pure gamble at this point. Xi has shown that he will do whatever it takes to maximize his power. Allowing a CEO to challenge his power is personally dangerous for Xi, and cannot be tolerated. He will set out to destroy Ma. Whether that results in the destruction of BABA is a guess at this point.
Plenty of precedent for this in other dictatorships. More than one Russian oligarch who found himself on the wrong side of Putin found himself dead/exiled/company parted out to other oligarchs.