Published: February 18th, 2025,
Last updated: February 18th, 2025
Jack Ma has not been seen this close to the center of power for a long time. On Monday, Chinese state media published pictures of the 60-year-old billionaire alongside other prominent entrepreneurs applauding President and Party leader Xi Jinping after a speech. Jörn Petring explains what this means for Alibaba and the entire Chinese tech industry.