Monday, February 22, 2021

The Ma Yun case is getting deeper and deeper. Is Xi vs Jiang's decisive battle coming?

Reporter : Li Yun  / Editor : Li Quan / https://www.ntdtv.com/gb/2021/02/22/a103059445.html / Direct translation

Image : The analysis believes that as the 20th National Congress of the Communist Party of China approaches, the time for Xi Jiang's decisive battle and internal fighting has arrived. (Composite picture)



In recent months, the purge of Jack Ma, the founder of Alibaba, has become deeper and deeper, and Xi Jinping’s archenemy, Jiang Zemin, has also surfaced. According to external analysis, as the 20th National Congress of the Communist Party of China approaches, the brief peace between Xi and Jiang has ended, and the time for a decisive battle between the two sides has arrived.

The Wall Street Journal quoted more than a dozen Chinese Communist Party officials and government consultants as saying on February 17 that the Chinese Communist Party’s top officials had already begun investigating Ant’s equity structure before Ma Yun publicly criticized the Chinese Communist Party’s regulators in October 2020.

The investigation found that Ant’s prospectus concealed the complexity of its shareholding structure. Behind the layers of opaque investment tools for Ant Group’s equity is a small circle of well-connected Chinese dignitaries, some of whom are involved in political families that pose a potential threat to Xi Jinping.

The investigation revealed that Jiang Zhicheng, the son of Jiang Zemin's eldest son Jiang Mianheng, and Li Botan, the son-in-law of the former Politburo Standing Committee member of the Communist Party of China, Li Botan, were all ant secret investors.

Among them, Boyu Capital, founded by Jiang Zhicheng, has attracted the most attention. In 2012, Boyu Capital and CITIC Group formed a consortium that purchased approximately 5% of Alibaba's shares and Alibaba went public in the United States. The consortium has made great profits.

Afterwards, Boyu Capital held a nearly 1% stake in Ant Financial through the private equity fund "Beijing Jingguan" in a roundabout way and became one of Ant's top 10 shareholders but Ant's prospectus did not mention Boyu's cooperation with Beijing Jingguan.

The Beijing Zhaode Investment Group, controlled by Li Botan, the son-in-law of Jia Qinglin, former member of the Standing Committee of the Political Bureau of the Communist Party of China, also invested in Ant Group in a roundabout way. Jia Qinglin is a close friend of Jiang Zemin, and he has always had a power struggle with Xi Jinping.

Many of Jack Ma's friends also invested in Ants with hidden identities, including Fosun Group Chairman Guo Guangchang, China Oceanwide Holdings Group Chairman and President Lu Zhiqiang, Giant Network Chairman Shi Yuzhu and others.

Shanghai lawyer Zheng Enchong once disclosed that Guo Guangchang and Jiang Zemin's son Jiang Miankang have inextricable connections.

The factions of the Chinese Communist Party are fierce and dangerous

Lan Shu, a commentator on current affairs in the United States, said, Beijing’s attack on Jack Ma’s listing of the Ant Group is based on the background of power struggles among the various factions of the Chinese Communist Party. Therefore, so far, the CCP factional power struggle is still fierce.

The Epoch Times [Finance and Business World] host Wei Ran said that the report of "Hua Ri" did not clearly point out that Xi Jinping was even more afraid of these human rights money transactions and collusion to form a solid alliance of interests. This is what Xi said. A huge threat.

The report quoted more than a dozen CCP officials and government advisers, and it was also considered a deliberate act. The intention to beat Jiang Zemin, Jia Qinglin and other Jiang faction forces was obvious.

Wei Ran said that the 20th National Congress of the Communist Party of China is about to debut. For Xi Jinping in 2021, the Year of the Ox will be a decisive battle. It is inevitable to fight against each other.

Since the media "Financial Truth" published an article, the "Hua Ri" newspaper led the outside world to reveal the reason why Ant Financial's listing was suspended because it involved high-level party factions in the Chinese Communist Party, rather than factors such as financial systemic risks.

The article said that since most of the controlling shareholders of Ant Financial are all members of the Jiang faction under Jiang Zemin, after the successful listing, they can launch a financial war against Xi Jinping at any time to force Xi to step down.

According to the "Financial Truth", Jiang Zemin is 95 years old. As his death is approaching, the Jiang family's crisis is getting bigger and bigger. Before Xi came to power, there was already a life-and-death struggle within the CCP in 2012. The 2022 will be whether Xi’s constitution can be validated or not, this means that Xi’s most dangerous moment has arrived.

Recently, many commentators have told The Epoch Times that the 20th National Congress of the Communist Party of China not only concerns whether Xi Jinping can be re-elected for three consecutive terms or even his life in power, but also involves his personal safety.

Xi purge Ma Yun to fight against the Jiang family?

In fact, as early as 2014, a number of overseas media disclosed that Ma Yun was behind a large group of "red second generations." Including Jiang Zhicheng, Liu Lefei, son of Liu Yunshan, former member of the Politburo Standing Committee of the Communist Party of China, and others, and Ma Yun joined forces in the mall.

The Chinese stock market crash the following year (2015) was considered to be behind the malicious short-selling of several big families such as Jiang Zemin, Zeng Qinghong, and Liu Yunshan. That is, a financial coup initiated by the Jiang Fang Xi Jinping administration. They attempted to use the financial crisis to trigger a political crisis and "force the palace" on Xi Jinping.

After the stock market crash, Xi Jinping officially began to tighten financial supervision in an all-round way to cleanse the financial sector but Ma Yun has not moved.

The Epoch Times quoted Taiwanese experts’ analysis as saying that in recent years, the financial services launched by Ant Group have been more convenient and complete than China’s financial system, and have been used by 700 million Chinese. Another government has taken shape, almost equivalent in the eyes of the Chinese Communist Party. It is a "financial coup".

In his speech at the Shanghai Bund Financial Summit on 24 October 2020, after Ma Yun publicly criticized the Chinese Communist Party's regulators, Ant Group's IPO was suddenly suspended before the official listing in early November. After that, the Ant Group and Alibaba were repeatedly purged by the authorities.

Hong Kong current affairs commentator Cheng Xiang believes that Xi Jinping purged Ma Yun to purge the Jiang family behind him and remove all possible obstacles for a smooth re-election at the 20th National Congress of the Communist Party of China next year. The Jiang faction has always been Xi's confidant, after all, Jiang Zemin has held the highest power for so many years.

Xi Jinping recently mentioned many times that "political and economic issues are intertwined", threatening the security of the regime. Xi Jinping worries about the "black swan" and the "gray rhino", and has to supervise the "top leader" and frequently reiterate "big changes unseen in a century."

The Epoch Times learned a few days ago that the "old leaders" of the United Front Work Department of the CCP revealed that the undercurrents within the CCP system have caused grievances in various places to start a prairie fire, especially the three provinces of Northeast China who are very serious against Xi Jinping. This makes the outside world even more suspicious that there will be a bigger storm in the political and business circles of the Chinese Communist Party.

Critic Zhong Yuan’s analysis said that the CCP’s internal struggles continue to intensify, and with the accelerated internal friction, whether it can reach the 20th National Congress of the Communist Party of China seems to be unknown. Just as the CCP virus came inexplicably, the collapse of the CCP regime should have occurred in a sudden.



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