China halts new enrolments at business school backed by Jack Ma: Financial Times


Jack Ma. - AFP

SHANGHAI (Reuters): Beijing authorities have forced an elite business school backed by Alibaba Group Co Ltd founder Jack Ma to halt enrollments, the Financial Times said on Friday (April 9), citing sources familiar with the matter.

The clampdown on the school, founded in 2015 by Ma to train China's next generation of entrepreneurs, comes as his business empire faces government scrutiny.

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