Thinking About China
Opinion

Why Did Xi Jinping Purge Jack Ma?

Why Did Xi Jinping Purge Jack Ma?
Alibaba’s Chairman Jack Ma, in Davos, Switzerland, on Jan. 23. Fabrice Coffrini/AFP/Getty Images
Wang Youqun
|Updated:
Commentary

Jack Ma, now China’s fourth-richest man and the former CEO of Chinese e-commerce giant Alibaba, criticized China’s financial system policies at the Bund Summit 2020 in October. Since then, his enterprises have become the target of Xi Jinping.

Wang Youqun
Wang Youqun
Author
Wang Youqun holds a doctorate in law from the Renmin University of China. He previously worked as a copywriter for Wei Jianxing (1931–2015), a member of the CCP Politburo Standing Committee, from 1997 to 2002.
Related Topics