Analysis
Opinion

Jack Ma Was Right When He Said, ‘Chinese Entrepreneurs Really Don’t End Up Well’

Jack Ma Was Right When He Said, ‘Chinese Entrepreneurs Really Don’t End Up Well’
Alibaba's chairman Jack Ma, at the opening ceremony of the World Internet Conference in Wuzhen, Zhejiang Province, China, on Nov. 19, 2014. Fabrice Coffrini/AFP/Getty Images
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“Chinese entrepreneurs really don’t end up well.” This statement, made 10 years ago by Jack Ma the founder of Alibaba Group, recently went viral on the internet. It seems that Ma’s casual but ominous words have come true, and his current situation is a true reflection of what he said at that time.

On April 12, Hong Kong-based Initium Media reported that Ma said, in an earlier speech to a group of private entrepreneurs, “None of China’s entrepreneurs dies a natural death.”

Jessica Mao
Jessica Mao
Author
Jessica Mao is a writer for The Epoch Times with a focus on China-related topics. She began writing for the Chinese-language edition in 2009.
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