The once-sidelined Alibaba founder was among the executives who met with Xi Jinping, in what was seen as a show of support for private enterprise by Beijing.
El Mundo on MSN13d
The rehabilitation of Jack Ma, founder of Alibaba, five years after the Chinese regulators' crusadeJack Ma's downfall dates back to late 2020 when he delivered a controversial speech criticizing Beijing's strategy to minimize risks in the financial system and traditional banks.It seems that the times in the purgatory of the Chinese tech guru are behind.
Social media was abuzz with users praising Mr Ma for his return to the public spotlight. "Congratulations [Jack] Ma for the safe landing," said one user on Chinese social media platform Weibo. "The comeback of [Jack] Ma is a shot in the arm to the current Chinese economy," said another.
NPR's Scott Simon talks to writer Duncan Clark about the return of Jack Ma, founder of online Chinese retailer Alibaba. The tech exec had gone quiet after comments critical of China in 2020.
Huawei's Ren Zhengfei, BYD's Wang Chuanfu, and Xiaomi's Lei Jun were among the leading tech executives that met Xi Jinping on Monday.
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Korea Joongang Daily on MSNJack Ma’s comeback?Xi is permitting Ma’s return, but he has not fully reinstated him. The government may be offering him a chance to contribute again — but with strict conditions.
Chinese President Xi Jinping presided over a meeting with Alibaba co-founder Jack Ma and other prominent entrepreneurs on Monday, signaling Beijing’s endorsement for a long-marginalized private sector now considered key to reviving the world’s No.
In a move that reverberated throughout the Chinese business world, President Xi Jinping presided over a meeting with Alibaba co-founder Jack Ma and other prominent entrepreneurs on Monday, offering a strong indication of Beijing’s support for the long-marginalized private sector.
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Al Jazeera on MSNChina’s Xi hosts summit with business leaders, including Alibaba’s Jack MaChinese leader meets corporate leaders amid economic challenges including slowing down and high youth unemployment.
DeepSeek, having tipped global investors to China's serious artificial-intelligence game, may now be ending Beijing's deep-freeze on the nation's broader tech scene.
Alibaba has branched out from its original B2B e-commerce roots, developing thriving logistics arms and financial spin-offs such as Ant Group. Its cloud division, Alibaba Cloud, already hosts significant R&D operations worldwide and recently launched its own AI offering, QWen, available to iPhone users in China via a dedicated app.
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