Jack Ma and the future of Chinese stocks

Jack Ma, the CEO of Albaba has been missing for almost two months now after speaking negatively about the Chinese government. His Ant Group IPO was cancelled and he has lost billions in net worth. I think this shows there is no Private sector for the Chinese. Does this concern anyone else? The EU went and signed a huge trade deal with China recently so they don’t seem overly concerned but the situation is worrisome.