There’s no place for a Jack Ma in today’s China ...Middle East

Quartz - Economy
There’s no place for a Jack Ma in today’s China
About a year before Beijing suspended Ant Group’s monster IPO, the Communist Party’s official mouthpiece broadcast a stark message to Jack Ma, founder of the Alibaba tech empire that launched the fintech giant.“There is no so-called Ma Yun era, but only an era that has Ma Yun in it…no matter whether it’s Ma Yun, Ma Huateng, Elon Musk, or we ordinary people, those who achieve their greatest potential are those who seize the opportunities that already exist within the era,” said an online People’s Daily editorial. (Ma Yun is Jack Ma’s Chinese name, and Ma Huateng is the founder of Alibaba’s rival, the social media and gaming giant Tencent.)“We believe, as long as entrepreneurs can have a clear

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