CHINA-ECONOMY: BEIJING DAILY'S LIST OF ENTREPRENEURS OMITS JACK MA
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The Beijing Daily published (February 2) a list of China's pioneering tech giants, but Jack Ma was missing. More telling was its commentary on the Ali Baba’s co-founder arch-rival Pony M, who the Shanghai Securities News hailed for “rewriting the mobile age”. Included in the list were: BYD Co. Chairman Wang Chuanfu, Xiaomi Corp. co-founder Lei Jun and Huawei Technologies Co.'s Ren Zhengfei. Xinhua wrote the same day that: "A generation of Chinese entrepreneurs emerged from the rigid structures of our old economic system with the desire to escape poverty and passion to achieve business ambitions. They have breathed new life into China's economic reforms."
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