BEIJING – After a two-year hiatus from the public eye, Jack Ma has begun a week-long visit to Europe. He was able to leave the country when the government decided to reduce control over China’s powerful businessman Jack Ma.
Alibaba co-founder Jack Ma visited places like Austria and the Netherlands, according to reports. In 2020, the government tightened the noose against Jack Ma when he criticized the Communist Party. As Jack Ma began to withdraw from the business empire, the government eased the pressure on him.
The government had given instructions not to leave the country. With this, the company had to face a heavy setback. Two months ago, the company’s stock lost 26 billion dollars as the government tightened the conditions. It is reported that Jack Ma had been under government surveillance for a long time.
English Summary: China Allows Jack Ma to Travel to Europe