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Alibaby boss Jack Ma is on the communist side


He told me that political ties did not affect his business decisions in trade.

27 Nov 2018 o 21:56 TASR

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Shanghai. Jack Ma, director of Alibaba's largest Chinese internet business, and the most famous Chinese capitalist, is a member of the Communist Party.

On Monday, he wrote the People's Newspaper and Dagbladet and told the public that the billionaire is politically unorganized.

On Tuesday, Reuters reported the news agency.

Jack Ma is the richest Chinese

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People's Daily revealed Jack Mao's membership in the country when he published a list of hundreds of people who, according to daily, helped push the country's "reforms and opening" to the world.

He is the richest man in China with $ 35.8 billion assets, as Forbes magazine reported.

It is unclear why the newspaper has now decided to mention the trader Maa, but the information was published at a time when Beijing tries to persuade private companies in the country to adhere to the party principles.

Beijing is particularly careful in the technology sector, which is rapidly developing thanks to the success of private companies.

He had spectacular plans in the United States

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In September, he announced that he would resign from the post of Alibaba Group Holding Group next year. He is the Chinese business executive who attracts the most attention.

He acted as adviser to political leaders in Asia and Europe, and he also had spectacular plans in the United States.

The businessman has built a $ 390 billion giant company from Alibaby, which dominates the internet market, and extends from logistics to social media. He also founded Alipay's financial and technical realm, a popular online payment system.

The Chinese surprised

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Ma's political affection surprised many. Most of the Chinese in the previous survey ask, "Is Jack Ma a member of the Communist Party?" she replied she was not.

Alibaba refused commenting on the Maa membership report at the party, but the company's spokesman told Reuters on Tuesday that political ties had no impact on the company's business or decision-making in trade.

"We follow all laws and regulations in the countries where we do business, for we all want to fulfill our mission: to facilitate people to trade in the digital era," added Alibaba's spokesman.

The magazine did not write when Ma became a member of the Chinese Communist Party.

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