What does China want from Alibaba's Jack Ma? | Jack Ma has returned to China.

 

What does China want from Alibaba's Jack Ma?

Jack Ma has returned to his country. How will they face China? When the founder of Alibaba, Jack Ma, had been missing for a long time, the world was speculating about his disappearance. There was also speculation that the Chinese government had made Jack Ma disappear somewhere. However, later his pictures from different countries also started appearing. 

One thing is clear from this Jack Ma is fine. Just their exact location was not known. Because of this, it was said that Jack Ma is hiding in different countries of the world because of the Chinese government. Whereas Jack Ma has come in front of the world today. That too after returning to his own country. 

According to the South China Morning Post, Jack Ma has returned to China after living abroad for more than a year. Jack Ma arrives at Yungu School in Hangzhou, his hometown where Alibaba is also headquartered. This school runs with the funding of Alibaba only. Let us tell you that Jack Ma is one of the most popular entrepreneurs in China. 

He left China at the end of 2021 and after that, his pictures kept coming out from countries like Japan, Australia, and sometimes Thailand, but the big question remained, why Jack Ma stayed out of his country for so long? Because Jack Ma was wandering in different countries. 

According to the South China Morning Post, Jack Ma was visiting different countries to get information about farming techniques. But the South China Morning Post did not explain why he had stayed out of the public eye in recent years. Whereas in November last year, the Financial Times newspaper published news, according to Jack Ma was living in Tokyo, Japan for the last six months.

 

After this, there were reports of him spending time with a family in Melbourne, Australia. Jack Ma was also seen in countries such as Spain and the Netherlands. Even a picture of him had come to the fore from the Netherlands. 

The information provided by the South China Morning Post is also suspect because billionaire Jack Ma, who was once a high-profile figure in China who gave free interviews to the media, performed rock music on stage at company events in glittering clothes Used to be visible.

 

Why did he suddenly start living a life of obscurity? What was the need of a billionaire that he went out to learn to farm? These things raise questions, but the question is also whether the circumstances have changed today since Jack Ma returned to China. One of the reasons behind this is that the condition of China's tech sector is bad now.

 

With the return of Jack Ma, the Chinese government is trying to restore confidence in the country's business world. Let us tell you that Jack Ma had come under the target of Xi Jinping only after criticizing the policies of the Chinese government. It was feared that the Chinese government might get him murdered. 

During this, the world's largest IPO of Ant Group, a company of Jack Ma, was also stopped. You will be shocked to know the size of this IPO. According to the information, in October 2020, Jack Ma's Ant Group's ₹ 2.700000 crore IPO was put on hold. 

Then only a few days later, China made an antitrust rule. Under this, an investigation was started against Alibaba. Due to this, Alibaba's market cap declined by more than ₹10,00,000 crore. Jack Ma disappeared only after this whole incident. He did not appear publicly. 

He last tweeted in November 2020 and a video of him surfaced in 2021. In this video, Jack Ma was saying that we will meet again after the pandemic is over. Now the big question is, will Jack Ma stay in China? Are they no longer in danger from the Chinese government?