China's MA spree suggests the country's corporate executives fancy themselves, like US President Donald Trump, as experts in the 'Art of the Deal'. But a high-profile spat involving a fallen giant of the Chinese e-commerce scene suggests the country's business leaders are picking up tips from the Twitter-loving Commander in Chief on investor communication, as well.
Instead of taking comments to White House press briefings, Trump loves announcing policies on social media. In a similar fashion, the chairman of a US-listed Chinese company decided, in the face of fierce investor attacks, to take to Weibo the Chinese equivalent of Twitter to address questions from the firm’s...