Alibaba founder Jack Ma has returned to China on a rare public visit as Beijing tries to restore confidence in the business class after years of pressure on the tech sector. UNN writes about this with a link to Dimsu Daily.
Details
Despite the fact that the entrepreneur left the post of executive director of Alibaba in 2019, he still remains a cult figure of Chinese entrepreneurship.
Jack Ma's return came at a critical time for China's private sector, which the government is seeking to support, due to numerous economic obstacles.
So, for example, there was a long decline in the real estate market, as well as increased geopolitical tensions, especially after the threats of the newly elected US President Donald Trump to introduce additional duties on Chinese goods.
recall
The tech titan, who is known for his outspoken and bright personality, disappeared from public view for two years after being harassed. His companies lost hundreds of billions of dollars. Since then, he has remained aloof, rarely appearing in public.
But for the past few years, he has been traveling around the world studying agricultural technology.In October 2021, Ma was in Spain, where he studied agriculture and technologies related to environmental issues. He also visited the Netherlands, Japan and Thailand to study agricultural technologies.
In May, Tokyo college announced that Ma would hold a position as a lecturer in sustainable agriculture and food production research.