In China, Billionaires bow down to the government 🇨🇳 In America, the Government bows down to billionaires 🇺🇸

Isn't it ironic she said no rights, "even for the rich and famous," as that's the norm in the rest of the world.

From what I read online, a lot of Americans wish some of their billionaires would disappear.

Simple, money doesn’t buy you power in China.

Holding billionaires accountable for their actions is objectively good. *How* you hold them accountable is another matter.

It should be mentioned that Jack Ma appeared back in China after he gave up control of Ant. He had been hiding in Japan. That was probably the condition for a safe return.

Can we "disappear" some of the billionaires in USA? Please

"billionaires keep disappearing" alhamdullilah and based

Wait billionaires can actually go to prison...wow how is that right, they should buy their way out just like in the US

because in China, those billionaires are not the owner of the country and its people

Oh, no!! Poor billionaires!!!

Millions of officials have been punished so far for corruption. It’s no surprise that a lot of businessmen have been held accountable for corruption as well.

The difference between US and China is that the Big corporations, Billionaires in US make an impact of Govt decisions but in China, Govt remains supreme.

POV: people find out that billionaires aren’t supposed to be above law

If they really broke the law then yes they should go to jail or disappear. In the US… if a billionaire breaks the law they get special treatment 😂

In the US, billionaires have the power and use their money to fund political elections, in China the state have power and billionaires are put in their place.

I mean if billionaire swindlers would sometimes face consequences that might not be so bad Imagine if the ceo of enron or BP actually faced consequences for events like deepwater horizon, or sam bankman fried for example…

In America money and power are synomous. Our entire government is already bought out by billionares. We aren't so different from China except in China the gov has more leverage. A better balance of power IMO.

China is the only country where billionaires are held accountable. We need some government policies like the Chinese here in India 😢

I like the choice of wording "Disappearing", didn't really define that, basically told to shut up from what I gather. USA could probably use some of that, basically an Oligarchy at this point, the country is basically controlled by the lobbyists at this point.

You should rather be asking "Why America's billionaires never disappear".

He doesn't like when we call him Winnie the Pooh

What Jack Ma wanted to do it’s totally irresponsible. He wanted his financial company has every rights of banking but not regulated by financial regulations, because it was an IT company he argued. He wants to borrow $100 with $2 backing. People who knows details of it all very happy that regulators stopped Alipay/Ants IPO, it was very risky and irresponsible.

Americans when they realize that countries actually crack down on their super wealthy

Really like how China handles its billionaires

based china

Can someone please tell me the name of the song used as background at the beginning of this video. CNBC has used it in other videos as well and I have been trying for awhile to find it. Thanks.

Jobs will pay your bills business will make you rich but investment makes and you keep you wealthy the future is inevitable, I pray everyone here becomes successful

The number of people getting mad at the Chinese government for not serving its billionaires is kind of concerning. Lol. You can admire rich people for making it but ain't no way you worship and fight for them as they milk your paycheck. Lmao.

That's amazing. Very helpful

Literally saw Jack Ma in Rarotonga landing in a private jet with another of his friends and family going around the island having a great time. You don't see them because they are doing this around the world

Good graphics and a good analysis!!

Jack Ma, a billionaire, who advocates the 9-9-6 (12 hours a day, 6 days a week) work life, criticized the government, who enabled the infrastructure for him to become a billionaire. Let's be honest, you wanna be a multi-millionaire? Fine, but no one person needs to own a billion dollars.

Rule of Law in China means, the CCP uses law to maintain their rule. Laws are written arbitrarily when there is a single party system.

In the past, they disappear forever

I hate him. He always exploited many employees. Furthermore, he said “starting to work at 9 am and ending at 9 pm for six days is a good fortune”😮

2:36 - between 1958 and 1952. Just pointing out a mistake.

I love how Indian media goes after China for cracking down on its billionaires, while the billionaires basically rule India. And guess what, it's exactly the same in the US. Billionaires donating millions to politicians to get what they want. Which would you prefer, power in the hands of the state, or power in the hands of individual billionaires?

This journalist has fully understood when she said 'you don't bite the hand that feeds you'. Billionaires should be more humble

Jack was featured on the news the other day. He popped up n public to show he was still alive I guess

The core is the difference between capitalism and socialism. The core value of capitalist countries is freedom, not democracy. Freedom is the freedom of capital and the freedom of capitalists, while socialism emphasizes democracy. Now the word democracy has been stolen by the West, and it belonged to eastern bloc during the Cold War. In China, the government is to control capital, not to be a runaway horse, and to give full play to the positive role of capital. In the west, capital controls the country, allowing the country's various legal services and capital expansion.

Very intriguing!

ZERO of these people you mentioned are currently 'missing'.

Stay classy, humanity. 💪😎✌️

What I got from this video is that China holds its billionaires accountable unlike the United States.

isn't china a socialist county with a capitalist economy and the US is a democratic republic with a capitalist economy. You said it was a communist county but you can't be a billionaire in a real communist county ? Am I wrong ? hmmm? I'm Confused LOL

Why does disappeared billionaires sound…actually good.

Very good reporting thanks for sharing, been looking forward to a report on this for a while

Wealth and weaponry dictate the rules everywhere, same as it ever was.

I used to love Jack Ma. He had made tremendous contribution in China. He is still very much an icon for many Chinese. At least, nobody hates him in China I believe. However, after watched his "famous shocking speech" comparing banks in China to pawnshops, I agreed he seemed to become intellectually maniac. Thanks God, he was somehow put at somewhere to gain his cool back. Otherwise, I'm afraid China would have much worse financial chaos than that caused by SVB, SB and CS. Also, looks like Chinese government seems not to be easily bribed, even billionaires could not shake the government and must disappear. How sad !

China: stick to the international law. US: stick to the international rule of order. There are big differences there.

I guess it's better than falling out of a window in Russia.

NGL this is kinda based. Business work in the behest of the government and the people in China. Instead of the Government working in the behest of Business to crush the working people. We should definitely borrow some of that here in the US. I'm just saying....

Need that in america

And this is bad because??? I'd say this is absolutely based.

I kind of like their policy. Too big for your britches. Nobody should be a billionaire.

Those high pitches at the beginning ouch!

Why US homelessness keeping increasing, middle classes disappearing while billionaires keep increasing? In the meantime, 1.4 billion people in China have been lifted out of absolute poverty and number of Chinese companies among the world top 500 keep increasing?

Sounds like a good idea to me.

Don't show WION's anti china propagandist in your videos

Jack jack jack... its the jacket and the guitar

Nope, not disappear... He stays at Casa Grande 1205 or 1202.. Monitoring the laptop and his employees selling the furnitures... But He doesn't know that his employees cannot meet the standard as good employees. That are rude, temper and really bad employees. He needs to fire them all. Useless.

Reverse squid game

Long may it continue!!🇺🇸

Great report!

Well ... The word clown seems quite accurated to me!

Their billionaires for a reason don’t need an explanation to disappear

Lol, you would too if you are billionaire. Vacation and travel is common for billionaires. Elon Musk even mentioned before, don't follow him on where he is. It is a treat.

In China, billionaires can’t determine government policies. Salute!

U disappeared if u don’t give company information to ccp, and accuse you of breaching the law

China doesn't need the world's richest man or the 1% of the population to control the wealth of the nation. Ala the people live happily and prosperous, that will be a nation for people,to people by people

Seriously, I saw the word "disappear" and thought this would be about the destruction of wealth. Little did I know that "disappear" actually meant The destruction of people😮

I wish the USA would get rid of our billionaires. Lock them up and distribute their money to the poor.

If only the US would make crooked billionaire disappear...

Why NBC news keep gaslighting the audiences? 😅

Mo' money mo' problems.

Was it necessary to call these disappearances? I do admit that these figures might be harassed and be out of public view, but isn't "missing" and "disappearing" extreme? I respect CNBC but this is classic American Media right here, very extreme.

i love how palkisharma reads her news,, 😍#firstpost

What are the differences between the founders of Huawei (Ren Zhengfei ) and Alibaba (Jack Ma / Ma Yun).* *Alibaba (Jack Ma /Ma Yun) :* - Jack Ma only holds less than 10% share, the rest split between US, Japan (Softbank) and Canada shareholders. - Alibaba is listed outside China, but most business done in China, earns China money and feed foreign shareholders. - Alibaba promotes consumerism in China. Due to its large scale business, suppresses other China businesses and creates more un-employment in China. *Huawei (Ren Zhengfei )* - Huawei business is to maximize as much profit outside China and bring the profits back to China. - Huawei creates and controls her own technologies. - Huawei promotes new technology and develop talents. - Huawei is not a listed company, hence not allowing foreign investors / shareholders to take advantage of Huawei. Both Alibaba and Huawei appear to be Chinese companies. *Which one creates more values to China ?* Now you understand why Jack Ma is so popular, often invited by the western media to give talk and not Huawei (Ren Zhengfei ). The Western world loves Jack Ma and hates Ren Zhengfei. Becos Jack Ma opens the gates of China to foreign interests and drains money out of China. Ren Zhengfei does the opposite - he conquers Western markets and bring tech/money/jobs back to China. Now you understand why US is finding all ways to attack Huawei. *Forwarded by Chin KF* Recently , many people seem to confused with Beijing decision to nab Jack Ma . Jack Ma was credited as father of modernizing China from a fragmented world to a fully connected digitalized world via internet and transforming china into a cashless society, surely he cannot be the bad guy. But what many people didnt know was Jack Ma Alibaba was actually 33% controlled by Softbank Japan and 22% by Wall street USA YAHOO finance, Jack Ma only have a meager 5.67% stakes in Alibaba. This China success story is actually a story repeat of proliferation of opium in 1840, but instead of opium, they were offering the poorest Chinese farmers, hard labor workers with easy financing to purchase luxury goods that they do not need such as iphones (not huawei), jeans, branded bags,shoes etc and also offering cheap loans to university students, bypassing banks . Jack Ma was actually a front man, helping the Americans and Japanese to skin the naive 1.4bil normal citizens with tons of luxury goods that they cannot afford, by offering them financing at 17.7% interest per annum. Many chinese young people were conned to sign up for the latest iphones with 12 months easy instalment but not 0% interest, instead they were getting slapped with 18% interest per annum. All the young chinese hard earned money and the stupid farmers, were sending boatloads of money to USA tech companies, wall street banks and japanese softbank. Japan softbank was famous for making lots of wrong investment moves but still able to report record profit year after year, thanks to the traitor Jack Ma and his team, conned the public wealth and transferred it to the Japanese. Jack Ma hatred to CCP is so deep he even orchestrated the short selling of China A-shares with George Soros + wall st bankers in 2015, that almost caused china financial crisis. Jiang zemin and bo xilai were part of the team too, that wanted to destroy Xi Jinping reign. That explains why the CCP after successfully defended the market in 2015, launched a series of high profile probe into the highest ranking china CCP officers and thrown them to jail, and xijinping consolidated his power by naming himself unchallengable emperor. It was needed to destroy the traitors within the party. But amazingly xi didnt punish Jack Ma in 2015, many think the reasons were because Jack Ma was still needed to reform China digitally. Fast forwarded to today, China govt already owned now the best digital payment platform in the world, with help of wall street and softbank, 2 largest financiers in the world . Jack Ma was so arrogant that before Ant IPO that may attract up to $30 trillion at opening lambasted China govt as backward and claiming Alibaba is ready to replace them. But he didnt know that was the excuse Xijinping needed to foil his IPO party. 48 hours before IPO and on the day Trump was busy with USA ELECTION, CHINA GOVT announced suspending the Ant service IPO catching everyone by surprise, and JacK Ma was detained ever since without any mean of communication, until today. Jack Ma was a traitor all along. His success is not attributed to his hardwork, but his willingness to sell the country and use his network to connect external threat with internal opportunists that hated the CCP.

Incredibly based Xi

i adore China , from poor to the mega rich country , soon to be no1 in GDP . China always help poor African nations also

In my country, the thousan'iers become millionaires, then they become billionaires. In my country what disappears are the billions somewhere in London, Switzerland, Singapore and HSBC instead of being paid as tax in my country. In my country, the billionaires own the media, internet, wifi signal, water, electric supply, and prime real estate with the cooperation of lawmakers. The also collect money for the use of roads.

How about thousands of US middle class dissappears......end up on the streets

Yup, ccp keeps billionaires in check whereas in US money is truely power😂

Rule number 1-Never outshine your master.

All billionaires have ties to the government.

jack ma basically fueling and promoting toxic working culture of 996

Chinese billionaires may be disappearing but Millions of Chinese are 'appearing' in their place, standing up with dignity, prosperity, and are becoming respectful members of their community.

Fear of being caught with their hands in the cookies pot.😂😂😂

At least all Chinese getting an equal treatment.

In China CCP really rules a kingdom and billionaire have to stay in line... Many of them fleet to another country...No. 1 are Singapore.

Congratulations to the Peoples Republic of China and to the CPC!

I always take state media aka mainstream media with a grain of salt...better to do your own research

CCP is consolidating power as they begin to lose ground on public support.

How about knowing about Deng Xiaoping's granddaughter's husband "Wu Xiaohui" and China's AB insurance

if you don't want the country to be "ruled" by billionaires, you need to "train" them...

A billionaire in china has less rights and protection than an avg citizen in US, U make fun of ur prez and gets dissappeared meanwhile there are huge tv shows like south park who made cartoonic depictions of Donald trump.

CNBC about to disappear 🤠

So pretty much things we already knew - if you live in China don’t say anything about the leadership.

The best defense against communist authoritarian dictatorship is to strengthen democracies from corrupting influences and nepotism. It takes an active and concerted effort of the people, to ensure that our democratically elected politicians are truly representing our interests. We must also address what hostile communist countries are doing, both domestically and abroad. Democratic Nations must stand together against their lawlessness in defense of global security, human rights, and enforce International Law.