Jack Ma Stays Abroad As China Seeks Trust of Private Businesses
Even as Chinese leaders voice “unwavering support” for the private sector, one of the country’s best-known entrepreneurs is choosing to remain outside the country.
Even as Chinese leaders voice “unwavering support” for the private sector, one of the country’s best-known entrepreneurs is choosing to remain outside the country. Jack Ma, one of China’s most recognisable business leaders, the co-founder of Alibaba Group Holding Ltd. and financial technology giant Ant Group Co. all but disappeared from public life after critiquing Chinese regulators in a 2020 public speech in Shanghai. Jack Ma, Alibaba Founder, Resurfaces After COVID-19 Hideout; Cites ‘Difficult’ and ‘Extraordinary’ Year to Rural Teachers.
China’s Plan For Private Business
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