Alibaba’s Jack Ma is Communist Party member: state media–Nikkei Asian Review
What happened: On Monday, a list honoring contributors to China’s economic growth published by the People’s Daily revealed that Jack Ma had at one point joined the ranks of the Communist Party. While he has been described as such at official events, he had never publicly confirmed his Party member status before. The heads of Baidu and Tencent were also singled out for praise by the People’s Daily, although both were described as “nonpartisan.”
Why it’s important: An analyst cited by Nikkei suspects that China’s Communist Party outed Ma in order to “boost its own” brand. Ma has become something of a legend in his home country for his charismatic vision, business panache, and rags-to-riches story. The news that Ma is a Party member while his BAT counterparts are not, however, may surprise observers. And although it’s unclear how long he’s been a member or what position he holds, the revelation calls into question how Ma’s past decisions were affected by his affiliation.