Why Jack Ma Behaviour Very Repugnant And Not In Optimum Interest Of China

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Wise man once said ‘Do not use a hatchet to remove a fly from your friend’s forehead’. In dismal speech barely two month ago, famous ex-CEO of Alibaba, Jack Ma, took proverbial hatchet to forehead of Chinese banks.  Big mistake!

To understand mistaken strategy of Citizen Ma, it is opportune to study the transcript of the imperialist words he employed. Decrying the generosity of the banks that have faithfully serviced Ma’s business interests over time, capitalist road-dog Ma described them as having ‘Pawn shop mentality’ because they insist on ‘collateral for loans.’ But collateral wise provision for financial institutions in uncertain market conditions.

Jack Ma’s speech issued in October 2020, caused market capitalisation of Alibaba to plummet like drop snake from top of bamboo, falling over $200 billion. Only Ma’s social credit score more injured than his shareholders.

Acting like treacherous capitalist dog and not persuasive smart cookie, Jack Ma resorted to big hissy fit when banks decided not to go ahead with IPO of Ant Group, Jack Ma’s Fintech interests.

Certain western media publications falsely claim Jack Ma has been ‘disappeared’ or ‘gone into hiding’. We dispute wicked and wrong accusation Jack Ma in camp with Uighur people.  Likely he returns soon to re-affirm his commitment to CCP and make excuses for past mistakes.