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GZERO World Clips

Highlights from the GZERO World with Ian Bremmer weekly television show.

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Why China's Xi Jinping needs Jack Ma

Jack Ma, the billionaire founder of tech giant Alibaba, was once synonymous with entrepreneurship in China. But in 2020, he disappeared from public view after criticizing the country’s financial system amid President Xi Jinping’s crackdown on the tech sector. Recently, however, it seems Jack Ma may be back in the Communist party’s good graces. On GZERO World, Ian Bremmer spoke with China analyst and Sinocism author Bill Bishop about the meaning behind Ma’s apparent reemergence and rehabilitation. He appeared alongside Xi at a symposium for business leaders in February, an indication that the Chinese president is trying to engage with the private sector as he works to revive China’s sluggish economy. But is this a fundamental realignment of Xi’s priorities or a temporary reprieve?

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