Date: January 04, 2021
By: Michael Ginsberg
The mogul was last seen on October 24 at the Bund Financial Summit in Shanghai, where he gave a speech criticizing what he perceived as a lack of risk-taking in Chinese and European economic development. “There is not a financial system in China actually. In reality, what China is facing is the risk of the lack of a financial system,” he said, according to a translation published by the Hong Kong newspaper Apple Daily.
Ma also offered light criticism of Chinese President and Communist Party General Secretary Xi Jinping. “President Xi once said, ‘success does not have to hinge on me.’ I understand this saying as describing a kind of responsibility… However, real innovation must be trailblazing and undertaken by those with commitment. For innovation must entail mistakes,” Ma added.
After giving the speech, Ma has all but disappeared from public view. His last post on the Chinese social media platform Weibo was on October 17, a week before the financial summit, according to Taiwan News. [FULL STORY]