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Opinion

Ant Group is its own GDP indicator for East versus West

World's biggest IPO, but the success of Jack Ma's empire is not a given

| Hong Kong
Beijing pays very close attention to Jack Ma's fealty to the motherland.   © AP

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

As President Xi Jinping details China's plans to eclipse America, no face comes faster to mind than Jack Ma's.

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