06-07-2021, 11:34 AM
(04-07-2021, 11:07 AM)karlmarx Wrote: Interesting survey results.
If it truly reflect reality, the only reason I can think of to explain why Singaporean are agreeable to XJP's style/method is because Singaporeans themselves have been conditioned by their leaders to embrace such styles/methods.
Reminds me of this article by George Yeo: https://www.thinkchina.sg/former-singapo...-continues
Quoting directly from the article will probably violate some forum rules (IMHO), so I will leave it for curious people to read for themselves. But I do applaud his candidness.
Singaporean investors in Alibaba (and other Chinese companies) perhaps need to check their biases; perhaps our views on China may not represent expectations of reasonable standards (with regards of fair trade, intellectual property rights protection, data security, human rights etc.) by the international community (potential business partners and customers of Alibaba).
Of course, there are other issues, regulatory overhang, potential US sanctions, data security laws etc. that would further limit Alibaba's expansion overseas (particularly AliCloud).
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger