Alibaba founder Jack Ma back in China after months abroad in sign Beijing may be warming to tech
Publishing timestamp: 2023-03-27 14:07:56
Summary
Alibaba founder Jack Ma has made his first public appearance in China since the government crackdown on his empire in late 2020. Ma visited a school in Hangzhou to discuss education in the era of artificial intelligence. This could be a sign that Beijing is warming to technology giants again and recognizing the importance of private businesses in reinvigorating the economy. There are also other signs that Beijing is loosening some of its regulatory tightening on the tech sector.
Sentiment: NEUTRAL
Tickers: BABA,
Keywords: business news, retail industry, china, alibaba group holding ltd, jack ma, beijing,
Source: https://www.cnbc.com/2023/03/27/alibaba-founder-jack-ma-back-in-china-after-months-abroad.html