Hong Kong CNN —
Chinese leader Xi Jinping hosted Alibaba co-founder Jack Ma and the country’s top tech executives in Beijing on Monday, in a meeting that signals officials could be steering the country in a more business-friendly direction after a yearslong regulatory crackdown.
Besides Ma, the other tycoons in attendance included Huawei founder Ren Zhengfei, BYD CEO Wang Chuanfu, CATL CEO Zeng Yuqun and Xiaomi CEO Lei Jun, according to a report from state broadcaster CCTV.
The symposium on private business comes just weeks after Chinese startup DeepSeek’s latest AI model roiled global stock
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