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China to nationalize Alibaba
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Topic: China to nationalize Alibaba (Read 779 times)
Viking
❤︎ Fuck around & find out ❤︎
friend
Senior Member
Posts: 7,209
Carnist Bloodmouth
China to nationalize Alibaba
«
on:
January 12, 2021, 04:24:19 AM »
https://www.ibtimes.sg/china-ccp-nationalize-jack-mas-alibaba-ant-group-54444
Sidenote, Alibaba's owner Jack Ma "disappeared" a short while ago after criticizing the Chinese government.
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“The modern world will not be punished. It is the punishment.” — Nicolás Gómez Dávila
dogmush
friend
Senior Member
Posts: 14,543
Re: China to nationalize Alibaba
«
Reply #1 on:
January 12, 2021, 04:36:19 AM »
I wonder what that will mean for the stockholders. Do they still get to vote on board members? What constraints will the board have to work under?
China is Communist, but wants that sweet capitalist lucre, and are not sure how to balance that yet.
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HankB
friend
Senior Member
Posts: 16,933
Re: China to nationalize Alibaba
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Reply #2 on:
January 12, 2021, 01:20:35 PM »
Quote from: dogmush on January 12, 2021, 04:36:19 AM
I wonder what that will mean for the stockholders.
Maybe they get a notice from the CCP that they're in the PLA now . . .
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Trump won in 2016. Democrats haven't been so offended since Republicans came along and freed their slaves.
Sometimes I wonder if the world is being run by smart people who are putting us on, or by imbeciles who really mean it. -
Mark Twain
Government is a broker in pillage, and every election is a sort of advance auction in stolen goods. -
H.L. Mencken
Patriotism is supporting your country all the time, and your government when it deserves it. -
Mark Twain
K Frame
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Senior Member
Posts: 45,538
I Am Inimical
Re: China to nationalize Alibaba
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Reply #3 on:
January 13, 2021, 09:38:13 AM »
Every time I read the headline I read it as China to nationalize Albania...
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Carbon Monoxide, sucking the life out of idiots, 'tards, and fools since man tamed fire.
kgbsquirrel
APS Photoshop God
friend
Senior Member
Posts: 5,466
Bill, slayer of threads.
Re: China to nationalize Alibaba
«
Reply #4 on:
January 13, 2021, 03:48:01 PM »
Guess Jack Ma is dead.
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AZRedhawk44
friends
Senior Member
Posts: 14,032
Re: China to nationalize Alibaba
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Reply #5 on:
January 13, 2021, 03:50:08 PM »
Most Ali Baba stuff was already low quality. Given that the US Government can't even run a Reno whore house to make a profit, what makes anyone think the ChiComs can run Ali Baba with any reputation for quality or customer service?
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"But whether the Constitution really be one thing, or another, this much is certain - that it has either authorized such a government as we have had, or has been powerless to prevent it. In either case, it is unfit to exist."
--Lysander Spooner
I reject your authoritah!
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China to nationalize Alibaba