2021 Surprises; Jack Ma’s Mystery; An Exchange’s About Face; Haven’s End
Jack Ma, co-founder of Alibaba, Chinese tech celebrity, and outspoken innovator in China, has not been seen in public for two months. China Beige Book International CEO Leland Miller discusses why the CCP and the Chinese banking sector might be pleased that Ma is lying low. Miller considers the global community’s theories on Ma’s disappearance and what China’s crackdown on tech means for President-elect Biden’s international agenda. CNBC’s Beijing Bureau Chief Eunice Yoon shares China’s response to an about face on the New York Stock Exchange; after suggesting that they’d delist three Chinese companies, the NYSE has changed its mind. Blackstone’s Byron Wein returns for his 36-year-old tradition of projecting the biggest market surprises in the year to come. Plus, Haven, the joint health care venture between Amazon, JPMorgan, and Berkshire Hathaway, is scheduled to shut down next month.