Katsuji Nakazawa is a Tokyo-based senior staff and editorial writer at Nikkei. He spent seven years in China as a correspondent and later as China bureau chief. He was the 2014 recipient of the Vaughn-Ueda International Journalist prize.

China's President Xi Jinping met top private sector entrepreneurs, including Alibaba's Jack Ma, signaling a policy change after strict regulations on

Chinese leader Xi Jinping hosted Alibaba co-founder Jack Ma and the country’s top tech executives in Beijing on Monday, in a meeting that signals officials could be steering the country in a more business-friendly direction after a yearslong regulatory crackdown.

Alibaba announced plans to invest billions in AI infrastructure. Founder Jack Ma recently met with Chinese President Xi Jinping. Since the meeting, Alibaba's stock has

The life of Jack Ma, founder of Alibaba. He grew up poor in China and was rejected from multiple jobs before finding success in tech.

Chinese President Xi Jinping met with major tech leaders, including Jack Ma, aiming to boost private sector sentiment.

Chinese President Xi Jinping presided over a meeting with Alibaba co-founder Jack Ma and other prominent entrepreneurs on Monday, signaling Beijing’s support for the private sector after years of turmoil.

According to Chinese economic media sources like Chailianshe on the 24th, Daniel Zhang, chief executive officer (CEO) of Alibaba Group, revealed this plan. This not only exceeds the total amount Alibaba has invested in the sector over the past decade but also marks the largest AI investment among private corporations in China.