Where is Jack Ma? The Truth About Jack Revealed!

Where is Jack Ma? The Truth About Jack Revealed! 93,950 views •Jan 14, 2021 5.9K 160 Share Save Cyrus Janssen 100K subscribers Where is Jack Ma? This is one of the most pressing questions China watchers have been asking in recent weeks. Ma Yun (Jack's Chinese name) is one of China's highest profile figures both inside and out and although Jack has not been seen in the public spotlight in over 2 months, if you understand Chinese culture, there isn't anything to worry about. Let's break it down with facts and logic in this week's video. If you'd like to support the channel / 如果你想支持我的频道: 🅿️ Patreon: https://www.patreon.com/cyrusjanssen​ ☕ Buy me a Coffee: https://www.buymeacoffee.com/cyrusjan...​ 🧧 WeChat / 微信: https://prnt.sc/u3inr6​ ➡️ PayPal: https://www.paypal.com/cgi-bin/webscr...​ 🗒️ Subscribe to my newsletter: http://cyrusjanssen.substack.com​ 🎥 Connect with me on YouTube https://www.youtube.com/cyrusjanssen?...​ ⭐ Connect with me on Facebook: https://www.facebook.com/cyrustalkschina​ 🐤 Connect with me on Twitter: https://twitter.com/thecyrusjanssen​ 📸 Products I use to Produce my Vlogs: Camera: https://amzn.to/2M9pWqx​ Tripod: https://amzn.to/2OUz2dh​ Microphone: https://amzn.to/2u1oJNs​ Lighting: https://amzn.to/2UWkSw8​ Drone: https://amzn.to/3jw1WxF​ 1,037 Comments augustin tio Add a public comment... Cyrus Janssen Pinned by Cyrus Janssen Cyrus Janssen 3 weeks ago Please join my newsletter here: http://cyrusjanssen.substack.com and if you would like to support the channel and help it grow, please join our community on Patreon: https://www.patreon.com/cyrusjanssen thank you all for the continued support! 114 Barrett Barrett 3 weeks ago More great work laying out the facts and giving people an understanding of Chinese culture. Even having lived here for almost two years I've learned a lot from this video. 429 the JaYoe Nation the JaYoe Nation 3 weeks ago thanks, Cyrus... really appreciate you laying it out here for me. Hope others can use this video to help understand how china's system is different. 341 shy zhan shy zhan 3 weeks ago Jack Ma's problem is not caused by not keeping low profile. The problem is his ant group and proposal will put China in a significant financial risk. 101 shineluvslambiel shineluvslambiel 3 weeks ago (edited) I would not say his problem was just “not being low key”. The real problem was his lack of understanding of the financial world and the absolute necessity of having regulations in place to govern the activities and risk management practices carried out by financial institutions. It was ignorant of him to think that the Ant group could avoid being regulated as a financial institution while they carry out all these financial activities and massively over leverage all under the guise of being a “tech company”. If the Chinese government didn’t step in, this could very well end in another 2008 subprime mortgage like crisis. 348 Danny L Danny L 3 weeks ago USA election greatly influenced by Billionaires, that meant the whole Political system had for so long been compromised and therefore corrupted. 78 jingkun72 jingkun72 3 weeks ago My understanding is that Ant was proposing high volume of high interest loans to people without reasonable credit, then sell the debt to banks. In a nutshell, Jack was on the way to reproduce the 2008 financial crisis in China and the Chinese authority didn't want that to happen. That resulted in the confrontational talk on the Bund. 173 華夏豆豉儿 華夏豆豉儿 3 weeks ago Jack Ma relies on the power behind Wall Street and the official power that China supports him. He wants to use capital to grow and compete with the central bank. In China, financial capital must be controlled by the central government, so that China cannot have a financial crisis similar to Wall Street in 2008. I admire The ability of the Chinese government to govern 159 Sophia Sophia 3 weeks ago (edited) Jack Ma is too greedy.💰💰💰 Deng Xiaoping said: Let some people get rich first. Xi said: Never forget the beginning, never forget the mission but Jack Ma forgot them all. 188 cheese cheese 3 weeks ago For China central gov, risk control is very critical. developing too fast may risk whole country though may be good for some industry or companies. So the perspective is different. Ma may not be wrong for Ant group or Alibaba perspective, but he is not in charge of whole country and people. So the overall direction controlled by China Gov is to make sure whole country is developing in stable and sustainable way. The way is new for China, no example, no map or guild. So every step of China move is important, failure will cause huge impact on people. So I personally support the cautious review and action plan done by China gov for this IPO stopping event. Looking at the result is more important than listen what the media say. Just look at the overall development result of China in past 20-30 years, China Gov did right thing for the country and people. So looking forward, I think they will keep the same way to move on. 204 Autumn Far Autumn Far 3 weeks ago Cyrus, thank you for sharing your knowledge and observation on Jack Ma and his team. There have been lots of rumours about Jack Ma. I must praise you for your efforts distinguish Chinese Culture and Western Culture. Thank you once again. 96 Boon Seow Boon Seow 3 weeks ago 低调 didiao can be translated as low profile or be humble. 83 Xiaoqing Li Xiaoqing Li 3 weeks ago (edited) The IPO was not stopped for Jack's comment. It was stopped because its business model overly rely on the unthinkable financial leverage it's gained even in "capitalist" USA. If ant groups fail, it would take down the traditional financial industry with it, and potentially set the economy body in China back for years as a whole. 72 DongFeng东风 DongFeng东风 3 weeks ago Well, not surprised Western Media is already developing this to be a great anti China story. They never miss a day. 40 lot130 lot130 2 weeks ago (edited) Cyrus, you’re absolutely right, Jack Ma had been up to his head. He had a big mouth and thinks he’s undefeatable because of his wealth. He forgot he’s still living in China. Well, hope he learn his lesson. The Ant Group is acting as a financial institute and handling moneys, loans like a bank, but it’s not a bank. It encourages young people to spend money that they don’t have, it’s a taboo in China. 34 Grand Master Grand Master 2 weeks ago To sum up, Jack ma's ant group is trying to bring the wall street financial system to China ( easy credit, too big to fail )... It puts China's monetary system under risk in the long term, china does not want what happen in the U.S. in 2008. It cannot just print money like the U.S. does to bail it out, the financial regulatory body in china is right to suspend ant groups IPO. 24 Oswald Fung Oswald Fung 3 weeks ago Another word for "low key" is "modest" which is one of the traditional Chinese virtues. 44 Something LikeThisOne Something LikeThisOne 3 weeks ago (edited) I like your every episode, but this time, as much as you present the deep root of Chinese culture and government mandate, you miss one thing: Jack ma’s loan shark business which was not regulated enough, but should’ve been.. that is why many Chinese are upset with him, for many young adults being hooked with those loan sharks. 100 Teong Beng Ang Teong Beng Ang 3 weeks ago Jack Ma is brilliant, he just needs to be a bit more low key. 29 Ya13579 OX Ya13579 OX 3 weeks ago Wow, getting epoch time ad in the middle of this video. Google is trying hard. 59 navegante zen navegante zen 2 weeks ago (edited) There is also another side of the situation. Ant Group received loans from the Central Bank at a 4% interest rate and lent it up to 14% interest to the users of the system. Moreover, Ant Group was not regulated by financial rules but acted as a digital platform. Alibaba as well as Ant Group has important investment from Goldman Sachs since longtime ago. Now that foreign financial entities would invest in China keeping 100% of their investment its very important that all rules are clear and not abusive with the Chinese consumers. Not all is cultural or an expression of Chinese exotic mindset. 9