Politics of Xi-nomics as journalist & tycoon jailed in China, e-commerce giant Jack Ma cut to size

#JackMa #XiJingping #China

Less than two months after the IPO for Ant Group, potentially the biggest in history, was cancelled, global fintech/e-commerce superstar Jack Ma's companies, including Alibaba, have been hit by crippling orders from the Chinese government. In episode 649 of #CutTheClutter, Shekhar Gupta takes a closer look at Xi Jinping’s capitalism, deification, and the change in China.
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Brought to you by Tata Motors https://www.youtube.com/channel/UCDxNSMn2l95fyHzPATAYOcg

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Read China tells Jack Ma’s Ant Group to return to its roots as provider of payments services here: https://theprint.in/world/china-tells-jack-mas-ant-group-to-return-to-its-roots-as-provider-of-payments-services/574937/

Read Ant Group — A $280 billion unicorn that just had its legs broken here: https://theprint.in/opinion/ant-group-a-280-billion-unicorn-that-just-had-its-legs-broken/574995/

Read why China turned against Jack Ma here: https://www.nytimes.com/2020/12/24/technology/china-jack-ma-alibaba.html

Read China’s Street vendor push ignites a debate: How rich is it? Here: https://www.nytimes.com/2020/06/11/business/china-street-vendors-stall-economy.html

Read Xi Jinping is trying to remake the Chinese economy here: https://www.economist.com/briefing/2020/08/15/xi-jinping-is-trying-to-remake-the-chinese-economy

Read worried about big tech? Chinese giants make America’s look tame here https://www.nytimes.com/2018/05/31/technology/china-tencent-alibaba.html

Read Ren Zhiqiang: Outspoken ex-real estate tycoon gets 18 years jail here:https://www.bbc.com/news/world-asia-china-54245327


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