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Jack Ma returns to China after a year abroad

Jack Ma met with the leadership of Yungu Education, an institution he founded in 2017. | Fountain: Hangzhou Yungu School

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Jack Maknown for founding Alibabaone of the largest companies in the world, returned to China after more than a year outside the Asian country due to pressure from the Xi Jinping government.

The billionaire businessman has reappeared in the past few hours at a school he founded in Hangzhou, Zhejiang province, called Yungu Education.

The news was spread through the institution’s WeChat account, where photos were shown as well as a video without sound of Ma.

far from the country

Jack Ma He was the most successful businessman in Chinabut his criticism of the country’s regulatory system prompted government repression.

Noting that the country is run “like a pawnshop”, Beijing launched an investigation. Alibaba “for alleged anti-competitive conduct”, while AntGroup, The financial technology company, which was about to go public on the Hong Kong and Shanghai stock exchanges, has been subjected to a review of its activities.

For this reason, at the end of 2021, the businessman left the country to avoid persecution, appearing in photographs in countries such as Japan, Australia and Thailand. In recent days, he has even visited Uruguay, where he is evaluating new businesses such as the meat industry.

His return to the country is seen as an example of “peace” between the government and the businessmen of several national giants who have also suffered under Xi Jinping’s campaign.

Some words

On your visit Jack Ma He talked about how some technologies, such as ChatGPT, are ushering in the era of artificial intelligence, emphasizing its usefulness in solving problems rather than fearing its problems.

For Ma, although the physical and mental strength of machines is higher than that of humans, they “only have a core, while humans have a heart.”

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Source: RPP

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