China’s Richest Man Blasts Tech Giants And Government Inaction In Rare Rebuke
China’s richest man slammed online shopping platforms, calling them price warring starters that damaged a wide range of companies and industries as the country tries to quell an economic slump. And in remarkably rare comments that have been largely blacked out of state media, Zhong Shanshan, who heads drinks company Nongfu Springs, also targeted the Chinese government, which he said “laid down the ball” and showed “negligence” in failing to stop the cutthroat pricing trend. It’s extremely unusual for Chinese businesspeople to publicly criticize the government, and those who have done so have often suffered accordingly. Speaking on Tuesday…
