Where is Jack Ma? The Truth About Jack Revealed!

CA 4 Where is Jack Ma? The Truth About Jack Revealed! 144,914 views Jan 14, 2021 7K 250 Share Thanks Save Cyrus Janssen 157K subscribers Where is Jack Ma? This is one of the most pressing questions China watchers have been asking in recent weeks. Ma Yun (Jack's Chinese name) is one of China's highest profile figures both inside and out and although Jack has not been seen in the public spotlight in over 2 months, if you understand Chinese culture, there isn't anything to worry about. Let's break it down with facts and logic in this week's video. 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Cyrus Janssen Pinned by Cyrus Janssen Cyrus Janssen 6 months ago Please join my newsletter here: http://cyrusjanssen.substack.com and if you would like to support the channel and help it grow, please join our community on Patreon: https://www.patreon.com/cyrusjanssen thank you all for the continued support! 121 Barrett Barrett 6 months ago More great work laying out the facts and giving people an understanding of Chinese culture. Even having lived here for almost two years I've learned a lot from this video. 501 the JaYoe Nation the JaYoe Nation 6 months ago thanks, Cyrus... really appreciate you laying it out here for me. Hope others can use this video to help understand how china's system is different. 374 shineluvslambiel shineluvslambiel 6 months ago (edited) I would not say his problem was just “not being low key”. The real problem was his lack of understanding of the financial world and the absolute necessity of having regulations in place to govern the activities and risk management practices carried out by financial institutions. It was ignorant of him to think that the Ant group could avoid being regulated as a financial institution while they carry out all these financial activities and massively over leverage all under the guise of being a “tech company”. If the Chinese government didn’t step in, this could very well end in another 2008 subprime mortgage like crisis. 427 cheese cheese 6 months ago For China central gov, risk control is very critical. developing too fast may risk whole country though may be good for some industry or companies. So the perspective is different. Ma may not be wrong for Ant group or Alibaba perspective, but he is not in charge of whole country and people. So the overall direction controlled by China Gov is to make sure whole country is developing in stable and sustainable way. The way is new for China, no example, no map or guild. So every step of China move is important, failure will cause huge impact on people. So I personally support the cautious review and action plan done by China gov for this IPO stopping event. Looking at the result is more important than listen what the media say. Just look at the overall development result of China in past 20-30 years, China Gov did right thing for the country and people. So looking forward, I think they will keep the same way to move on. 243 jingkun72 jingkun72 6 months ago My understanding is that Ant was proposing high volume of high interest loans to people without reasonable credit, then sell the debt to banks. In a nutshell, Jack was on the way to reproduce the 2008 financial crisis in China and the Chinese authority didn't want that to happen. That resulted in the confrontational talk on the Bund. 223 shy zhan shy zhan 6 months ago Jack Ma's problem is not caused by not keeping low profile. The problem is his ant group and proposal will put China in a significant financial risk. 144 華夏豆豉儿 華夏豆豉儿 6 months ago Jack Ma relies on the power behind Wall Street and the official power that China supports him. He wants to use capital to grow and compete with the central bank. In China, financial capital must be controlled by the central government, so that China cannot have a financial crisis similar to Wall Street in 2008. I admire The ability of the Chinese government to govern 181 Sophia Sophia 6 months ago (edited) Jack Ma is too greedy.💰💰💰 Deng Xiaoping said: Let some people get rich first. Xi said: Never forget the beginning, never forget the mission but Jack Ma forgot them all. 216 Danny L Danny L 6 months ago USA election greatly influenced by Billionaires, that meant the whole Political system had for so long been compromised and therefore corrupted. 95 Xiaoqing Li Xiaoqing Li 6 months ago (edited) The IPO was not stopped for Jack's comment. It was stopped because its business model overly rely on the unthinkable financial leverage it's gained even in "capitalist" USA. If ant groups fail, it would take down the traditional financial industry with it, and potentially set the economy body in China back for years as a whole. 88 Grand Master Grand Master 6 months ago To sum up, Jack ma's ant group is trying to bring the wall street financial system to China ( easy credit, too big to fail )... It puts China's monetary system under risk in the long term, china does not want what happen in the U.S. in 2008. It cannot just print money like the U.S. does to bail it out, the financial regulatory body in china is right to suspend ant groups IPO. 37 Max DC Max DC 6 months ago (edited) Jack Ma after being crowned the richest man in China has become arrogant. His luck has given him the illusion of all-knowing wisdom. How can you reproach the financial regulators who are the experts in risk management of the financial system. Being the richest man in China is not enough for him and he wanted more riches by expanding his empire into a financial industry devoid of regulations to shackle him. It's simply irresponsible and selfish of him to put the financial system of the whole country at risk in order to fulfill his own ambition.