Jack Ma ‘lying low' after rap from Chinese govt: Ma's business partner
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Jack Ma, the Chinese billionaire and founder of e-commerce giant Alibaba, who last year ran into trouble with the Chinese government is keeping a low profile and has taken up painting as a hobby, according to his close business partner Joseph Tsai. Last year, Ma was summoned by China's financial regulators and his company was fined USD 2.8 billion for allegedly indulging in a monopolistic act of abusing its dominant market position.