Brian121
Member
Somebody responded my previous post with a simple catch word "Jack Ma". Even though he deleted it within one minutes, but still I would like to response because even this simple word show how lack of understanding westerners to the Chinese.
I think the poster's idea is this is a post from a person that heap praise to Chinese government because he is the beneficiary of the current Chinese dictators, like Jack Ma benefited and as if he would have praised Chinese government.
Wrong. Laughably wrong. Recently Jack Ma's Ant group's IPO was sacked by Chinese governing body because he business model is suspected of highly leveraged lending and the result could be that if the business is good, Ant group reap in all the profit, and if the lending defaulted, then Chinese government and people had to bear the blunt. Very similar to our sub prime blunder.
In fact, Jack Ma gave an angry speech again the "excessive oversight" right before his IPO went sour. Man, this would have become the biggest fintech IPO.
Jack Ma do not always like Chinese government. And before you make any such shallow comparison, please open up your eye and see the world. It's good for you.
I think the poster's idea is this is a post from a person that heap praise to Chinese government because he is the beneficiary of the current Chinese dictators, like Jack Ma benefited and as if he would have praised Chinese government.
Wrong. Laughably wrong. Recently Jack Ma's Ant group's IPO was sacked by Chinese governing body because he business model is suspected of highly leveraged lending and the result could be that if the business is good, Ant group reap in all the profit, and if the lending defaulted, then Chinese government and people had to bear the blunt. Very similar to our sub prime blunder.
In fact, Jack Ma gave an angry speech again the "excessive oversight" right before his IPO went sour. Man, this would have become the biggest fintech IPO.
Jack Ma do not always like Chinese government. And before you make any such shallow comparison, please open up your eye and see the world. It's good for you.
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