Posted inChina

Xi walks a tightrope by reining in Jack Ma

Jack Ma, as everyone knows, has had a serious falling-out with Chinese President Xi Jinping’s government. But global investors still can’t get enough of the billionaire founder of Alibaba Group Holdings. Last week, Ma’s e-commerce juggernaut turned away more bids for a $5 billion bond sale than it could count. Fixed-income punters placed about $40 billion of […]