A meeting between Chinese president Xi Jinping and some of the country's foremost business leaders this week has fuelled excitement and speculation, after Alibaba founder Jack Ma was pictured at the event.
China’s President Xi Jinping met with private sector business leaders on Monday, offering them assurances that policies regarding the private sector would not change, state media reported,
Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder Jack Ma
Hi, this is Allen Wan in Shanghai, reminiscing about the time I went on a wild chase to track down Jack Ma, one of China’s most famous entrepreneurs.
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.
The life of Jack Ma, founder of Alibaba. He grew up poor in China and was rejected from multiple jobs before finding success in tech.
Xi rarely chairs symposiums about the private sector and the event underscores the numerous challenges currently facing China Inc, from the escalation in tensions with the United States under President Donald Trump to sputtering growth for the domestic economy.
Alibaba shares soared by more than six percent on Friday following reports that Chinese President Xi Jinping was poised to meet with the tech juggernaut's co-founder Jack Ma.
Chinese leader Xi Jinping hosted Alibaba co-founder Jack Ma and the country’s top tech executives in Beijing on Monday, in a meeting that signals officials could be steering the country in a more business-friendly direction after a yearslong regulatory crackdown.
On February 17th Mr Ma and a handful of other entrepreneurs met at a symposium in Beijing with Xi Jinping, China’s supreme leader. Many see this as Mr Ma’s rescue from the wilderness—and a sign that,
Ma, one of the wealthiest men in the country, gave a speech in Oct 2020 in which he said regulators were too conservative. The government responded by scuttling his plans for Ant
It’s been Alibaba’s day, week and month. The company has added $123 billion in market value in February, helped by a DeepSeek-driven rally in Chinese tech stocks, its tie-up with Apple to roll out AI features in China and Beijing’s rehabilitation of co-founder Jack Ma.