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Alibaba co-founder Jack Ma returns to mainland China after a year
Updated : 2 days, 1 hour ago IST
Some in the business world saw the tech titan's prolonged absence as proof that the tech industry in China was still plagued by uncertainty.
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China's billionaire CEO Bao Fan disappears; share stock plunges
Updated : 1 month, 1 week ago IST
In a filing to Hong Kong Stock Exchange Market, Chinese Renaissance Holdings Ltd said that the company could not reach its founder Bao Fan.
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Jack Ma's downfall synonymous with China's faltering economy
Updated : 2 months, 1 week ago IST
China's meagre 3 per cent growth for 2022 signals the end of a three-decade-long golden age for the country's economy.
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Jack Ma to give up control of Chinese fintech giant Ant Group
Updated : 2 months, 3 weeks ago IST
Ma continues to hold voting rights in an entity that controls Ant, alongside nine Ant executives and employees who were also given voting rights. Together, they jointly control the company, the statement said.
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China intimidates big businesses through coercive means: Report
Updated : 3 months, 4 weeks ago IST
The report states the situation of Chinese billionaire Jack Ma is telling of the CCP's tactics of intimidation through coercive means. This has invariably caused fear amongst other business owners that had previously raised similar concerns.
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Alibaba founder Jack Ma ends up in Japan after China crackdown
Updated : 3 months, 4 weeks ago IST
Ma, who was once the richest business leader in China, shifted to neighbouring Japan, amid the Chinese government's crackdown on the country's technology sector and its most powerful businessmen, the report adds.
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Ruthlessness of the Chinese Communist Party on the ascendency: Report
Updated : 4 months, 2 weeks ago IST
Chinese people are still frustrated even though they celebrated their 73rd day of founding on October 1, 1949 as the ruthlessness of the Chinese Communist Party (CCP) has been on the ascendency in the People's Republic of China (PRC).
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Chinese billionaires clear their Weibo accounts sensing danger in 'speakin
Updated : 10 months, 4 weeks ago IST
Beijing [China], May 5 (ANI): Prominent Chinese billionaires, including Lenovo group founder Liu Chuanzhi, and the President of 'Didi Chuxing', Liu Qing have cleared their Weibo accounts and only made content from the last 6 months visible, local media reported.
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'Common prosperity' goals of CCP target Chinese tech giants
Updated : 1 year, 4 months ago IST
Beijing [China], November 3 (ANI): Chinese tech giants are beginning to dislike the 'common prosperity' goals of the Chinese Communist Party (CCP), President Xi Jinping's push to redistribute wealth in China.
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In China, influential, powerful, rich 'disappear' for criticising ruling C
Updated : 1 year, 5 months ago IST
Beijing [China], October 6 (ANI): In China, thousands of people have "disappeared" as authorities "snatched" them from their homes and off the streets, as part of a secretive and sinister program against those who fall foul of the regime, according to a media report.
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Alibaba dumping Chinese media company's shares after Beijing's clampdown o
Updated : 1 year, 6 months ago IST
Beijing [China], September 26 (ANI): Of late China's big tech firms like Alibaba, Tencent and Baidu are facing problems under growing pressure from Beijing's campaign to rein in their power and influence.
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Xi warns China's tycoons of income gap, tells them to share wealth
Updated : 1 year, 6 months ago IST
Beijing [China], September 9 (ANI): China's President Xi Jinping has put China's tycoons on notice that it is time for them to share more wealth with the rest of the country.
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