The Party's assault on the private sector is roiling China's billionaire ranks

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Businesspeople

Yu Minhong

Economy

Chinese people

Bloomberg Billionaires Index

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The Party's assault on the private sector is roiling China's billionaire ranks. View article details on HISWAI: https://qz.com/2038432/the-party-is-roiling-chinas-billionaire-ranks/

Excerpt

Jack Ma, the founder of e-commerce giant Alibaba, saw his fortune decline by a similar amount this month. Others are barely clinging on to billionaire ...

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