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Comment by ReptileMan | Hacker News Reader

Well ... Jack Ma was epitome of play stupid games, win stupid prizes. He knows from inside out how the CCP system works and how to push criticism about the system (subtly, privately).

It is not as if he doesn't have Xi or any other high level party official on quickdial.

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Well that's obviously not reality, because Ant is in the process of being essentially nationalized or broken up to a degree because of Jack Ma's public criticism of the system. Having someone on quickdial doesn't mean having them under your control or in your pocket.

>It is not as if he doesn't have Xi or any other high level party official on quickdial.

I highly doubt it, Ma was never on Xi's side in the first place those high level party official he once had dont matter in Xi's era anymore.

Ma didn’t publicly criticize the party as far as I know. Do you have sources to suggest otherwise?

He criticized the system in China. That's a huge no for the CCP.

He didn't just criticize the Chinese system. He criticized the Chinese system regulating themselves so that they could conform to the Basel V standards (which all major Western banks and global banks follow). Ant wanted to fight as a bank, while not calling themselves one. Ma's speech was an attack not only on China but on the Western regulated banking sector. He wants a return to the pre 08 wild west that the Western system was.

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