It was less than a minute appearance but the video of Jack Ma on Wednesday provided a sigh of relief to the investors that that had been waiting for months for Jack Ma to break his silence over his mysterious disappearance.
What was the Jack Ma video?
A clip of Jack Ma speaking to a group of teachers in a live-streamed video began circulating on Wednesday. He last appeared on the screen in October when he lambasted Chinese regulators and state-owned banks. After that video, Jack Ma disappeared from the business world triggering speculations of Chinese authorities punishing Jack Ma with jail term or a takeover of his companies. But the Wednesday’s video put a period over those speculations.
What did Jack Ma talk about in the video?
He was talking philanthropy with teachers. He discussed the importance of narrowing income disparities and reviving countryside of the country. And it can’t be a coincidence that these two topics are in the priority list of the Xi Jinping’s Communist Party. It is to be noted that Chinese government had detained entrepreneurs that didn’t fall in line. … Read the rest