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Report: Chinese Communist Party Pressuring Jack Ma to Surrender Alibaba’s Huge Trove of Consumer Data
Breitbart ^ | 01/26/2021 | John Hayward

Posted on 01/26/2021 6:21:23 PM PST by SeekAndFind

Voice of America News (VOA) reported Monday that a theory about the curious disappearance of Chinese billionaire Jack Ma is growing in credibility among foreign observers: the true goal of the Chinese Communist Party (CCP) is pressuring Ma into handing over the vast trove of consumer credit data accumulated by his Alibaba e-commerce company and its titanic financial services offshoot, the Ant Group.

The flamboyant Ma, a multimedia celebrity in addition to once being China’s richest man, vanished from the public eye after criticizing the CCP’s heavy-handed financial regulators at a public forum in October. When speculation about his disappearance grew uncomfortable in early January, Chinese state media ominously reported Ma was busy “embracing supervision” and began trashing his reputation, referring to him as a “traitor” and a greedy “vampire.”

Ma reappeared, in a very limited fashion, on January 20 by delivering a video address to an award ceremony for teachers. His exact whereabouts remained unclear. By the time he resurfaced, Ma was no longer China’s richest man, having lost almost a quarter of his net worth while Chinese regulators broke up the Ant Group.

Some speculated Ma was quietly detained and “re-educated” after he spoke out against the CCP, while others thought he was keeping a low profile while attempting to save as much of his business empire as possible from regulators. Almost everyone assumed the incident was Chinese dictator Xi Jinping teaching Ma a harsh lesson about who runs China. Ma had become so rich and popular that he was seen as a real threat to Xi’s authoritarian rule.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: alibaba; asia; ccp; china; jackma; trade

VOA spoke Monday with observers who proposed a somewhat different interpretation of events, namely that the CCP is heavily pressuring Ma to hand over the huge amount of valuable data he has accumulated about Alibaba and Ant Group customers, enabling the Chinese government to improve its surveillance and “social credit” systems.


1 posted on 01/26/2021 6:21:23 PM PST by SeekAndFind
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To: SeekAndFind

The CCP will get all the info on those sad suckers who bought MVMT watches instead of buying decent Seikos from Long Island Watches.


2 posted on 01/26/2021 6:24:57 PM PST by who_would_fardels_bear (This is not my current tagline.)
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To: who_would_fardels_bear

He should have been smart enough to stay out of there


3 posted on 01/26/2021 6:26:43 PM PST by DIRTYSECRET (My issue would be incarceration. Where to put them? Illegals can be deported )
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To: SeekAndFind
Well before the cancelled Ant Group IPO, I read that Alibaba had refused to hand over its consumer data to the Chinese government. I thought it was surprising that any Chinese businessesman thought he could get away with such behavior, but Ma Yun did,

Maybe when this is all over Mr. Ma will be a hero for standing up to CCP thugs.

4 posted on 01/26/2021 6:33:27 PM PST by untenured
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To: untenured

RE: Maybe when this is all over Mr. Ma will be a hero for standing up to CCP thugs.

Assuming he’s still in one piece...


5 posted on 01/26/2021 6:40:46 PM PST by SeekAndFind
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To: SeekAndFind

Alibaba is a sham. Never trusted that place, thank god never used it.


6 posted on 01/26/2021 6:43:43 PM PST by Secret Agent Man (Gone Galt; Not Averse to Going Bronson.)
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To: SeekAndFind

Does anyone know of a Patriot group dedicated to taking on the CCP here at home?

For the life of me, I don’t know why it can’t be FR. With sht-eating grins.


7 posted on 01/26/2021 6:53:36 PM PST by Salvavida
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To: SeekAndFind

Pressuring? Yeah, right.


8 posted on 01/26/2021 7:09:23 PM PST by RoosterRedux (Our country has been overthrown by its own government, ruling elite, and big tech. )
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To: RoosterRedux

RE: Pressuring? Yeah, right.

OK, what’s the right word to use?


9 posted on 01/26/2021 7:38:50 PM PST by SeekAndFind
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To: SeekAndFind

“pressuring”

Uh Huh. As in, “do what we say and like, or not. You’re doing it anyway. Say hi to the Uighars.”


10 posted on 01/26/2021 8:56:11 PM PST by Organic Panic (Democrats. Memories as short as Joe Biden's eyes. )
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To: untenured

“Maybe when this is all over Mr. Ma will be a hero for standing up to CCP thugs.”

Ma is a CCP thug.

He is not a good guy.


11 posted on 01/26/2021 9:27:07 PM PST by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: Secret Agent Man

“Alibaba is a sham. Never trusted that place, thank god never used it.”

Yes. Whole thing is a sham. Ma is a sham.


12 posted on 01/26/2021 9:28:16 PM PST by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: Salvavida

Does anyone know of a Patriot group dedicated to taking on the CCP here at home?

For the life of me, I don’t know why it can’t be FR. With sht-eating grins.


Jiang Zemin got Freeped back in the day.


13 posted on 01/26/2021 9:30:20 PM PST by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: ifinnegan

Yeah....but I’m thinking something a little more than FReeping is necessary. State-wide banners, alliances, and actual state strategy to knock the Chinese crap off the shelves.


14 posted on 01/26/2021 9:37:46 PM PST by Salvavida
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To: SeekAndFind

Sounds almost as bad ad Twatter and Farcebook.


15 posted on 01/26/2021 9:43:48 PM PST by DoughtyOne (There is no next time Mitch. Aren't you proud now...)
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To: SeekAndFind
That's actually a very good question.

I don't know what the correct word would be, but it calls into question the exact relationship between the CCP and Chinese corporations.

As far as we know, Chinese corporations are (somewhat) privately owned but are still controlled by the CCP. It appears that the CCP can help itself to anything owned by the corporation, either by going through channels or just shoving executives out of the way and taking it.

Your question also leads to another very interesting point and that is why is the CCP telling us (the free world) that it is "pressuring" Jack Ma when we know there is no need for "pressure"?

Is the CCP trying to create the appearance of independence re: its corporations...just for American consumption?

16 posted on 01/27/2021 4:28:49 AM PST by RoosterRedux (Our country has been overthrown by its own government, ruling elite, and big tech. )
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