Alibaba founder Jack Ma returns to China as government tries to allay private sector fears


Source: theglobeandmail.com theglobeandmail.com

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Alibaba founder Jack Ma arrives at the Tech for Good summit, in Paris, on May 15, 2019.Charles Platiau Alibaba founder Jack Ma has returned to China, ending a stay overseas of more than a year that industry viewed as reflecting the sober mood of its private businesses, and which sources said eventually spurred the new premier to reach out. The return of China’s best-known entrepreneur may help to quell the concerns of its private sector after a bruising two-year regulatory crackdown. Ma’s re-emergence in public offers support for the government’s softening tone toward the private sector as leaders try to...