President Xi Meets With Jack Ma and Other Tycoons

A rundown of the news making headlines in and around China:

Xi meets Ma: President Xi Jinping attended a symposium for private enterprises on Monday morning, meeting some of China’s best-known technology leaders. Footage of the event broadcast by state media showed figures including the founders of Alibaba Group Holding Ltd., Huawei Technologies Co. Ltd. and DeepSeek, as well as the CEOs of Tencent Holdings Ltd., Xiaomi Corp. and Contemporary Amperex Technology Co. Ltd. The inclusion of Alibaba’s Jack Ma drew particular attention, as Ma has largely disappeared from the public eye since late 2020, shortly after making harsh comments about regulators. Amid China’s rocky post-pandemic recovery, the country’s leadership has emphasized the private economy and technological innovation as sources of future economic growth.