Outspoken billionaire Jack Ma escapes Beijing’s crosshairs by giving up his power - Sydney Morning Herald

Jack Ma’s business empire made him one of China’s most powerful people. But he has often found himself in Beijing’s doghouse.

The Wall Street Journal reported earlier that Ant told regulators Ma intends to give up control and could transfer some of his voting power to other top executives. Ma holds no management titles at … [+3676 chars]

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