<Anchor>



Ma Yun, founder of Alibaba, China's largest internet commerce company, is facing the greatest crisis.

After making a decision in October last year and criticizing the government, it has been under pressure from the Chinese authorities in all directions.



This is correspondent Song Wook from Beijing.



<Reporter> It



is a program called'African Corporate Hero' produced and appeared by Ma Win.



After the entrepreneurs announce their business initiatives, they are evaluated by Ma Win, and the winners receive huge prizes.



[Ma Yun / Founder of China's largest Internet commerce company: What is the most troublesome problem right now?]



But at the end of last year, Ma Yun suddenly got off the game.



Ma's photo disappeared from the list of judges, and Alibaba's executive appeared instead.



Alibaba said it was a personal schedule issue, but many view it because of pressure from the Chinese government.



Ma Yun's ordeal began in October last year when he criticized China's financial policy in public standing.



[Ma Yun/Shanghai Bund Financial Summit (October last year): China is not a financial system crisis.

Because there is no system in Chinese finance.

Chinese banks are continuing a pawn wreck.] After



this remark, Ma was summoned to Chinese authorities.



The public offering of Ant Group, an Alibaba subsidiary, was delayed indefinitely, and a penalty was imposed on Alibaba for antitrust charges.



In the aftermath, Alibaba's stock price fell by nearly 30% in two months, and Ma's fortune fell by over 13 trillion won.



The Chinese government has said it is a measure to protect consumers and prevent monopoly, but analysis comes out that it is taming Ma Yun that has touched the government's planting, and helping a giant IT company.



[Francis Rune/CEO of GEO Securities: Large IT companies are actually threatening the direct rule of the Chinese Communist Party.]



Ma Yun, who faced the greatest crisis, has not even appeared in public for more than two months, raising questions about his personal affairs.



(Video coverage: Choi Deok-hyun, Video editing: Kim Ho-jin)