Blame the trade war for a shorter China’s rich list?

BY SILVI WRITER   Pony Ma, founder of Tencent, dropped one place to third on an iconic China’s rich list, released on Wednesday, as the Shenzhen-based tech giant has shed nearly 40 percent in market value so far this year to fall out of the world’s top ten largest companies. Pony Ma’s personal wealth decreased from 250 billion yuan in 2017 to 240 billion yuan … Continue reading Blame the trade war for a shorter China’s rich list?