Why Beijing was right to rein in Jack Ma’s rogue Ant Group IPO

Nan Li is associate professor at the Antai College of Economics & Management at Shanghai Jiao Tong University. John D. Van Fleet supports industry relations for Antai College.

When Alibaba’s Jack Ma asserted in his now-famous Oct. 24 tantrum that “the risk in China is not systemic financial risk, but the risk of a nonexistent financial system,” the system responded by sending him to his room for a few weeks of timeout.Read More…

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