Beijing: Anyone who has raised his voice against the Communist government of China has paid a heavy price. The latest example is Jack Ma, the head of Alibaba, who has paid a heavy price for criticizing Xi Jinping’s government. While Jack Ma is constantly missing, his company has lost more than Rs 25 lakh crore.
Let us know that in March last year, Jack Ma criticized China’s financial system, calling it a system to snatch money from people. His bad time had started with this statement of Ma. The Chinese government started an investigation into their market monopoly on Alibaba Group. Along with this, a fine of US $ 2.8 million was also imposed on his company.
Jack Ma is missing for the last one and a half years
Jack Ma has been missing since criticizing China’s financial regulators and state-run banks. He is neither visible in the media nor in any program of the company. According to the information received in the past, Ma has been living in Hong Kong for a year. During this, he has also toured abroad.
Huge fall in the value of the company
In the last year, the value of Jack’s company Alibaba has come down drastically. According to Bloomberg, the company’s market cap has fallen by about $344 billion. Which is the highest of any company ever.
