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Old 06-11-2020, 03:30 PM
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Thumbs up Jack Ma's Blunt Words Just Cost Him $35 Billion

An honorable member of the Coffee Shop Has Just Posted the Following:

Jack Ma is a very busy man.

China’s richest man has been busy launching the world’s biggest IPO. He has been busy preparing for Alibaba Group Holding Ltd.’s grandest four-day Double Eleven shopping extravaganza. And yet two weeks ago, Ma somehow found the time to opine on China’s banking system at a high-profile financial forum in Shanghai, once again throwing himself into the eye of the storm.

In that speech, apart from labeling the global banking Basel Accords as an “old people’s...

Jack Ma's Blunt Words Just Cost Him $35 Billion


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