Are rich people considering to leave China ?

The founder of the massive online retailer Alibaba, Jack Ma, is a symbol of how the Communist Party in power has debased the wealthy. He dared to publicly challenge financial regulators in 2020. Soon after, they manipulated Ant Group’s $37 billion initial public offering and looked into Alibaba for possible monopolistic practises. Mr. Ma, now repentant, mostly disappeared from the public eye. He left China in late 2021 and spent some years studying agriculture and the sustainable production of food.

 

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