The billionaire owner of the Chinese consortium joined the Communist Party


Jack Ma (Reuters photo)

MIAMI, United States. – The People's Daily, the official organ of the Chinese Communist Party, publishes militancy in its ranks Jack Ma, founder of Chinese technology giant Alibaba and one of the richest people in the world, AFP reported.

In an article dedicated to influential personalities from the Asian giant, the media revealed that Ma was one of the newest additions to the party, which already had 89 million members and that it also counted, among other things, the property of Xu Jiayin and founder of Wanda Group Wang Jianlin.

In addition to venturing into the world of technology, Ma is also considered to be one of the "leading architects of socialism with Chinese characteristics in Zhejiang province", where Alibaba's headquarters.

The People's Daily also noted that Jack Ma is a member playing an important role in promoting the "Silk Roads" initiative, an ambitious Eurasian investment program in the infrastructure of Chinese President Xi Jinping.

Although Ma and other figures in the business world have publicly stated that they prefer to stay away from politics, affiliation to the Communist Party can be useful for many private entrepreneurs in China, where the government is trying to revive the expansion of the influence of partying in personal business .

In Asian countries it is required that each company with more than three party members form a formation cell. Similarly, it is estimated that three out of four private companies already have party organizations.


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