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Reuters — Alibaba’s Jack Ma is a Communist Party member, China state paper reveals

Summary:
Jack Ma, the head of e-commerce giant Alibaba Group Holding Ltd (BABA.N) and China’s best-known capitalist, is a Communist Party member, the official Party newspaper said on Monday, debunking a public assumption the billionaire was politically unattached. Cue sound of heads exploding.ReutersAlibaba's Jack Ma is a Communist Party member, China state paper reveals

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Jack Ma, the head of e-commerce giant Alibaba Group Holding Ltd (BABA.N) and China’s best-known capitalist, is a Communist Party member, the official Party newspaper said on Monday, debunking a public assumption the billionaire was politically unattached.
Cue sound of heads exploding.

Reuters
Alibaba's Jack Ma is a Communist Party member, China state paper reveals


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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