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12/03/2018

Topic Reading-Vol.2427-12/3/2018

Dear MEL Topic Readers
Why is Jack Ma a member of the Communist Party of China?
Born in Hangzhou, Zhejiang, China in 1964, Jack Ma Yun is the co-founder and executive chairman of mighty Alibaba, China’s leading e-commerce enterprise. He is also one of the richest not only in China but also in the world. No wonder his primary ideology is for an open and market-driven economy.
Recently, it was revealed that he has been a member of the Communist Party of China, or CPC. He must have been very busy organizing his schedule and priorities as having been fulfilling the member’s duties while leading and managing the fast-growing Internet enterprise.
But it might have been one of the reasons the company has been growing without interfered by the ruling party, government or authorities, at least on the surface. If you look at what happened to Tencent, Alibaba’s archrival, or Wanda Group, a multinational conglomerate, it is obviously essential to build and maintain a good relationship with the absolute ruler in China.
Can Google or Facebook deal with such distinctive social system to do business there?
Enjoy reading and learn how the legendary entrepreneur is good at managing businesses.

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