Chinese state media Global Times on Wednesday released a video where in Jack Ma makes his first public appearance. As per Global Times’ claims, the Alibaba founder showed up at a rural teacher-themed social welfare event via video.
Jack Ma Yun, the English teacher turned entrepreneur and former executive chairman of #Alibaba, showed up at a rural teacher-themed social welfare event via video link on Wed, his first public appearance since Alibaba came under tougher regulatory scrutiny.https://t.co/VXywPHEeyv pic.twitter.com/DKCXhASIhu— Global Times (@globaltimesnews) January 20, 2021
As per Chinese state media, he attended the Jack Ma Rural Teachers Award ceremony, an annual event launched by the Jack Ma Foundation in 2015. As per the report, Ma addressed 100 rural teachers across China and said he would meet them once the Chinese coronavirus pandemic was over.
Jack Ma mysteriously disappeared soon after criticising Chinese govt
The business tycoon had been mysteriously missing after he made disparaging statements against Communist-ruled China’s government and was reported off the radar by several Chinese run media outlets.
Ma had gone on a tirade against China’s current banking system, the financial regulatory structure of the Communist-ruled country and how it was unsuitable for his fintech giant, Ant group. Ma’s critical remarks for the Communist regime, which demands nothing more than complete and utter obedience, terminated the planned IPO of his fintech giant, Ant Group, on November 3, just two days before it was scheduled to begin trading.
Days after his unflattering opinion of the Chinese authorities, Ma was summoned to a meeting with Communist Party officials. His other venture, Alibaba is also under investigation for monopolistic behaviour, as per a statement released by the Chinese Communist Party’s market supervision arm.
This is Jack Ma’s first ever public appearance since October 2020.
Earlier, reports had emerged that Jack Ma has been ’embracing supervision’ at an unknown location. However, Duncan Clark, the chairman of BDA China, said that he does not believe that Jack Ma was under custody.
Ma’s disappearance from the public sphere is a part of a bigger design by the CCP to exact compliance and loyalty from individuals who hold great sway in shaping public opinion. It is apposite to note that Jack Ma is not the first high-profile man to have disappeared out of a thin air.