Xi Jinping meets Alibaba’s Jack Ma and Chinese tech chiefs amid economic slump


Source: theguardian.com theguardian.com

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China’s president, Xi Jinping, has met some of the country’s top business leaders, including the Alibaba founder, Jack Ma, as he attempts to halt an economic slump in the world’s second-largest economy. Xi met Ma, who was at the centre of a crackdown on the tech industry in recent years, as well as the bosses of the electric carmaker BYD, the battery manufacturer CATL, Tencent, Xiaomi, and the founder of Huawei, Ren Zhengfei The Chinese president was attending a symposium on private enterprises, where he gave a speech – the contents of which have not been disclosed. Xi has spearheaded...