If CCP want to prosecute Ma, he would be trialed live on CCTV similar to disgraced politburo members like Bo Xilai and Zhou Yongkang.
Pretty sure he is just laying low or negotiating with the government right now.
Pretty sure he is just laying low or negotiating with the government right now.
That's not how it works for Chinese billionaires; it would elevate their status to that of CCP heavyweights. When their time comes, billionaires simply vanish:
https://www.nytimes.com/2020/07/18/business/china-xiao-jianh...
https://www.independent.co.uk/news/business/news/china-billi...
Yes, it's exactly because they don't want to cause a billionaire chicken run, unlike with own party officials, which are humiliated, punished in the most public, and terrible way.
By now he has no control of any of his companies. He is basically just a body now to be used by PRC as they see fit. Compost? Tear eyed apology? Reformed new face? Whatever he needs to be for them he will be.