Jack Ma, the billionaire entrepreneur in China, has been at the forefront in the general operation to ship medical supplies. He has made sure that face masks and ventilators are supplied to more than 150 countries. This is mainly to help in the fight against Covid-19. He believes in one world, one fight. He cheered in one of his messages that, together, we can do this.
Jack Ma great influence in his works
Jack Ma’s critics and even some of his fans are not sure of what he is getting himself into. Has this bold venture into global philanthropy unveiled him as the friendly face of China’s Communist Party? He follows China’s diplomatic rules, particularly when choosing which countries to benefit.
His growing clout is likely to put him in the crosshairs of the jealous leaders at the top of China’s political pyramid. Ma has donated millions to corona vaccine research and handbook of medical expertise from doctors in native Zhejiang province. The shipment of medical supplies is what has set Ma on the headlines.
Ma’s shipments have boosted his reputation. His donations were globally celebrated, and he soaked up praise.
Jack Ma’s friendly face
Jack Ma created China’s most prominent technology company. Being a Charismatic English teacher, he became famous for creating Alibaba Company. Alibaba has since grown to become one of the dominant players globally.
It appears that Ma’s donations are following party guidelines. No evidence has proven that Ma and Alibaba Foundation donations have gone to countries that have formal ties with Taiwan, China’s neighbor, and diplomatic rival.
A lot of donations have so far received in various countries. This has undoubtedly generated a lot of goodwill. Such great success is giving Ma even more positive attention than usual.
Walking the tightrope
But is Ma risking a backlash from Beijing? There is a rumor that [Jack Ma] stepped down in 2018 from being the chairman of the Alibaba Group. This is because he has succeeded as a homegrown entrepreneur whose popularity would eclipse that of the Communist Party. He has denied persistent rumors that Beijing forced him out. This is after he surprised many by signing a retirement in 2018.
“There were a lot of speculations of time that Jack Ma had moved too fast. He represents a sort of entrepreneurial soft power. That also creates challenges, though, because the government is quite jealous of non-party actors taking such roles.”
Duncan Clark argues that Ma already had a seat at China’s high table because of Alibaba’s economic heft. However, his familiarity with world leaders makes him even more valuable to Beijing as China tries to repair its battered image.
China’s more extensive reputation is benefiting from the charitable work of Ma and other wealthy Chinese entrepreneurs.
Chinese donors are taking on that role with this virus. They are projecting soft powder beyond their borders, going into areas, providing aid, monetary aid, and expertise. So it’s not the right time for Beijing to stand in Jack Ma’s way.