Jack Ma Returns to China as a Positive Signal for Private-held Business in China

According to media reports, some netizens witnessed Jack Ma, the founder of Alibaba Group, in the Wenyi Road tunnel in Hangzhou. In the video, Ma rides a Toyota Coaster, occasionally talking with people around and in front. According to the report, on March 27th, Ma also paid a visit to Hangzhou Yungu Primary School, a private school invested and established by Alibaba partners in 2017. Jack Ma, who has kept a low profile for a long time, suddenly became high-profile and appeared in mainland China as if he wanted to break the previous silence and retreat.