China’s Economy: Why Xi Jinping Needs Jack Ma Back | Vantage with Palki SharmaJack Ma, once China’s most prominent billionaire, has made a rare public appearance at Ant Group’s 20th-anniversary celebrations, praising AI’s potential. However, this isn’t just about his speech—it’s about his return to China’s public sphere under Xi Jinping’s watchful eye. After years of regulatory crackdowns, including the cancellation of Ant Group’s record-breaking IPO and Ma’s fall from grace, his comeback is part of Beijing’s attempt to project economic stability. But can showcasing Ma rebuild global investor confidence as China’s economy slows? Or is it a mere PR exercise? Palki Sharma tells you more.—
