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Alibaba’s Jack Ma is a Communist Party member, China state paper reveals

Jack Ma, the pinnacle of e-commerce large Alibaba Group Holding Ltd and China’s finest-recognized capitalist, is a Communist Party member, the official Party newspaper stated on Monday, debunking a public assumption the billionaire was politically unattached. The People’s Daily revealed Ma’s Party membership in a listing of 100 folks it stated had helped drive the nation “reform and opening up” course of. Ma is China’s richest man with a fortune of $35.eight billion, in keeping with Forbes.

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