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World’s Billionaire Factory Shudders as China Cracks Down

  • Meteoric rise of China’s uber-rich goes into reverse
  • ‘Don’t get bigger than the government,’ Allan Zeman says
Bloomberg business news
China Tightens Rules on IPOs in Overseas Markets
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It was the kind of brazen PR stunt that Jack Ma might have dreamed up.

But this wasn’t the flamboyant Chinese billionaire who disappeared from public view eight months ago. It was Mark Zuckerberg, bobbing up and down on a hydrofoil surfboard, clutching an American flag and exuding all the confidence of a man worth $130 billion.