Globalist magazine The Economist has shockingly referred to the targeting and disappearance of a Chinese businessman as “regulation” and “boosting competition.”
Jack Ma – who has previously prostrate himself before the Chinese Communist Party (CCP) – has been reported as missing, with a multitude of news outlets reporting on his disappearance.
Now, The Economist – which like most globalist outfits is long on China – appears to be making excuses on behalf of the modern Nazi Party – the CCP – for disappearing Ma.
Published on January 2nd, a magazine-wide editorial shockingly states:
“China is also at the frontier of regulation, with the news on December 24th that trustbusters were investigating Alibaba, co-founded by Jack Ma, China’s most celebrated tycoon, and until a few weeks ago its most valuable listed firm.”
The article adds:
“It is tempting to see the crackdown on Mr Ma as just another display of brutal Communist Party power. It may partly be that, but China’s antitrust regulators are also keen to boost competition.”
Reuters reported this week:
Alibaba founder Jack Ma’s absence from public view in the past two months, including missing the final episode of a TV show on which he was to appear as a judge, has fueled social media speculation over his whereabouts amid a Chinese regulatory clampdown on his sprawling business empire.
China’s highest-profile entrepreneur has not appeared in a public setting since a late October forum in Shanghai where he blasted China’s regulatory system in a speech that put him on a collision course with officials, resulting in the suspension of a $37 billion IPO of Alibaba’s Ant Group fintech arm.