It's official: the king of Chinese e-commerce is a communist – Business News



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The most famous capitalist of China is a communist.

Jack Ma, the creator of the e-commerce giant Alibaba Group Holding Ltd., was identified Monday as a member of the Communist Party by the People's Daily, on the list of personalities who contributed to the modernization of the Chinese economy.

The news has surprised more than one, including the author of a well-known book on Mr. Ma and Alibaba, although a 2015 reference is available on the Web site. a group of companies located in Zhejiang Province, Alibaba.

"There was already speculation, but never anything public," said Duncan Clark, business consultant, "Alibaba: The house built by Jack Ma." "He had never discussed this before. It had been felt that the maintenance of this ambiguity was preferable with regard to its international profile and ambitions. "

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