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"Ma Has Been Subdued": the Fate of Private Business Owners

Summary by 大纪元 Epoch Times
Ant Group completed the process of divesting founder Jack Ma of his control by early 2023. Ma's fate, forced to relinquish control of the company he founded, epitomizes the fate of private entrepreneurs under Chinese Communist Party rule.
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大纪元 Epoch Times大纪元 Epoch Times

"Ma Has Been Subdued": the Fate of Private Business Owners

Ant Group completed the process of divesting founder Jack Ma of his control by early 2023. Ma's fate, forced to relinquish control of the company he founded, epitomizes the fate of private entrepreneurs under Chinese Communist Party rule.

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大纪元 Epoch Times broke the news in on Thursday, August 14, 2025.
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